1517 Ricardo, Los Angeles, CA 90033

Property 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.

Listing Status:

Active

Date Added:

June 9, 2026

Data Last Updated:

June 13, 2026 at 1:11AM

Listing Office:

Century 21 Allstars : 562-863-2121

Listing Agent:

Danny Navarro : 949-903-6633

MLS ID:

DW26125878

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 5202015015

Financial

• Source: California Regional MLS