1623 E 1st Street, Los Angeles, CA 90033

$375,000

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List Price
$375,000
Status
ACTIVE
MLS#
SR26165828
Lot Size
8,349
Acres
0.19
Lot Location
Irregular Lot
Days on Market
1
Property Type
Land

Property Description

Prime Development Opportunity in Los Angeles! Unlock the potential of this 8,349 SF lot located in the City of Los Angeles and zoned [Q]M1-1-RIO-CUGU. This versatile zoning designation allows for a wide range of light industrial, commercial, creative office, live/work, and limited residential uses, making it an exceptional opportunity for developers, investors, or owner-users. The site’s [Q] Qualified Conditions and RIO (River Improvement Overlay) District encourage projects that align with the City’s revitalization goals for the Los Angeles River, while the CUGU (Clean Up Green Up) overlay promotes sustainable, environmentally responsible development. With its flexible zoning, this property is ideally suited for creative industrial, warehouse, distribution, manufacturing, production, studio, or mixed commercial/residential projects (buyer to verify permitted uses with the City of Los Angeles). Centrally located with excellent access to freeways, transit, and Downtown Los Angeles, this is a rare chance to acquire a well-positioned property in a rapidly evolving area with strong long-term growth potential. Lot Size: 8,349 SF Zoning: [Q]M1-1-RIO-CUGU Use: Wide range of industrial, commercial, creative, and potential live/work opportunities (buyer to verify). Don’t miss out on this opportunity to shape your vision in one of Los Angeles’ most dynamic markets!

Additional Information

Water
See Remarks
Attached Structure
Detached

Listing courtesy of Listing Agent: Jennifer Landon (jennifer@lrgla.com) from Listing Office: Landon Realty Group.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.