1529 E 1st, Los Angeles, CA 90033
List Price: $700K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1992
Lot Size: 5,992 sq ft
MLS Number: SR26184013
About This Property
Major fixer-upper with redevelopment potential in Boyle Heights! Located at 1529 E. 1st St, this approximately 5,992 sq. ft. property offers an opportunity for investors and developers near Downtown Los Angeles and the 5, 10, and 101 freeways. The existing structure has no roof, requires substantial rehabilitation, and must be brought into compliance with applicable building codes. The property is subject to City of Los Angeles abatement requirements.Reportedly zoned LAM1 and located within an Opportunity Zone, the property offers potential for rehabilitation or redevelopment, subject to agency approvals. Utilities are reported to be available; their condition and connection status require verification. Buyer to independently investigate all abatement notices, outstanding violations, required corrective work, permits, associated costs, zoning, permitted uses, development potential, lot dimensions, utilities, and Opportunity Zone designation with the appropriate agencies.
Listing provided by: Ibrahim Habib DRE #01251107 818-993-7370 isellyou57@gmail.com, Pinnacle Estate Properties
Source: CRMLS, MLS #: SR26184013
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.