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Listed by: Danny Navarro (949) 903-6633 DRE #01938421 | Century 21 Allstars (562) 863-2121
$975,000
Monthly Est:$4,853
-- Bed
-- Bath
7,501sqft lot
1517 Ricardo, Los Angeles, CA 90033
$975,000
$4,853/moEst:
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Land
Built in -
$-- HOA
7,501 sqft lot
$130/sq.ft
Description
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.
- Houzeo last checked: 4 minutes ago
- Listing updated: June 9, 2026 at 11:04 pm
- Source: California Regional MLS-CA | MLS#: DW26125878
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
7,501 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
DW26125878
MLS Status
Active
Days on Market
147
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Yard
Community Features
Suburban
Price History
| Date | Event | Price |
|---|---|---|
06/09/2026 Source: | Price Increased | $975,000 +2.74% $1,228/sqft |
06/07/2026 Source: | Price Decreased | $949,000 -2.67% $1,195/sqft |
06/07/2026 Source: | Listed for Sale | $975,000 $1,228/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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