1623 E 1st Street, Los Angeles, CA 90033
List Price: $400K
Listing Status: Active
0Days on Market: 78
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 8,349 sq ft
MLS Number: SR26062876
About This Property
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!
Listing provided by: Jennifer Landon DRE #01281552 818-613-1767 jennifer@lrgla.com, Landon Realty Group
Source: CRMLS, MLS #: SR26062876