1623 E 1st Street, Los Angeles, CA 90033

$375,000

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List Agent Jennifer Landon () 888-541-6650 Landon Realty Group; CoList ()

List Price
$375,000
Status
ACTIVE
MLS#
SR26165828
Lot Size
8,349
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!

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.