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Listed by Century 21 Allstars, Danny Navarro, Listing Contact: 949-903-6633 
2 Beds
1 Bath
794 sqft

$949,000

1517 Ricardo, Los Angeles CA, 90033

Price per sqft$1,195.21
Built in1921
Property size794 sqft
Property typeResidential

Overview

Active

Listed Jun 7, 2026

Updated 3 weeks ago

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.

$6,314/mo

Est. mortgage payment based on a $949,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DW26124125

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

View
Yes

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Data last updated 6:03 AM UTC, 9/16/2026

   

 

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