Address
1517 Ricardo, Los Angeles, CA
Price
$ 975,000
Property Attributes
- MLS#DW26124125
- TypeSingle Family
- Listing Status Active
- CountyLos Angeles
- CityLos Angeles
- Area Boyle Heights
- Zip90033
- Style
- Year Built1921
- Price$ 975,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage794
- Lot Size0.1722 Acres
Data Source:
California Regional MLS (CRMLS)
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.
| Price History | |
|---|---|
| 6/8/2026 | Listed $975,000 |
General Features
| Living Area | 794 |
|---|---|
| Sewer | Public Sewer |
| Cooling | None |
| Pool Features | None |
| Year Built | 1921 |
| View | None |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Community Features | Biking |
| County | Los Angeles |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Garage Y/N | false |
| Full Baths | 1 |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Near Soto Street |
| City | Los Angeles |
| Entry Location | 1 |
| Senior Community Y/N | false |
| High School District | ABC Unified |
| Number Of Units Total | 1 |
| MLS Area | BOYH - Boyle Heights |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7501 |
| Listing Terms | Cash,1031 Exchange |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | false |
| Structure Type | House |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Year Built Source | Assessor |
| Tax Lot | 15 |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | LOS ANGELES |
Interior Features
| Interior Amenities | All Bedrooms Down |
|---|---|
| Fireplace Features | None |
| Total Stories | 1 |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | false |
| Fireplace Y/N | false |
| Laundry Features | None |
| Total Bedrooms | 2 |
| Entry Level | 1 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| LivingAreaSource | Assessor |
| Total Baths | 1 |
Exterior Features
| Lot Features | 0-1 Unit/Acre |
|---|---|
| Water Source | Public |
| Lot Size Area | 7501 |
| Lot Size Acres | 0.1722 |
| Private Pool | false |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 90033
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 14, 2026 12:49 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
