1517 Ricardo, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1517 Ricardo,Los Angeles, CA 90033
$975,000
  • 2 Beds
  • - 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,...

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Home facts

  • Year built:1921
  • Listing ID #:DW26124125
  • Added:64 day(s) ago
  • Updated:August 12, 2026 at 11:16 AM

Rooms and interior

  • Bedrooms:2
  • 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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