1517 Ricardo, Los Angeles, CA 90033
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1517 Ricardo,Los Angeles, CA 90033
$975,000
- 2 Beds
- 1 Baths
- 794 sq. ft.
- Single family
- Active
Listed by: danny navarro
Office: century 21 allstars562-863-2121
MLS#:DW26124125
Source:CRMLS
Price summary
- Price:$975,000
- Price per sq. ft.:$1,227.96
About this home
1517 Ricardo Street, Los Angeles, CA 90033
Prime Development Opportunity | LARD1.5 Zoning | 7,501 SF Lot
An exceptional opportunity for developers and investors in one of Los Angeles's most active infill corridors. This 7,501 square foot lot is zoned LARD1.5 and has been held by the original owners since 1987, positioning it as a strong candidate for SB 8 demolition application — buyers are encouraged to conduct their own due diligence with qualified legal and planning professionals.
The existing structure has sustained fire damage and is being sold strictly for its land value. The lot's zoning and dimensions may support the construction of up to 5 residential units, subject to verification by a licensed architect, engineer, and/or city planning consultant. All development potential, unit counts, and entitlement timelines should be independently confirmed by the buyer and their team prior to close of escrow.
Adding to the area's momentum, neighboring properties at 1524, 1525, 1532, and 1571 Ricardo Street are all new construction developments on the same street, — a strong indicator of the corridor's trajectory and growing demand for quality housing product in this submarket....
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Home facts
- Year built:1921
- Listing ID #:DW26124125
- Added:1 day(s) ago
- Updated:June 09, 2026 at 10:34 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:794 sq. ft.
Structure and exterior
- Year built:1921
- Building area:794 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$1,227.96
Features and amenities
- Amenities:All Bedrooms Down
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