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1517 RicardoLos Angeles, CA 90033

Single Family · 2 Beds · 1 Full Bath · 794 Sq. ft. | 0.17 Acres
$975,000 Active

1517 Ricardo Overview

Time on Site:
22 days
Visits:
0

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.

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1517 Ricardo Facts & Features

  • Type Single Family
  • Sq. ft. 794
  • Price/Sq.ft. $1,228
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: ABC Unified

Building Information

  • New Construction: No
  • Year Built: 1921

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: BOYH - Boyle Heights
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Biking

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,1031 Exchange
  • Parcel Number: 5202015015
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 2

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: All Bedrooms Down
  • Laundry Features: None
  • Levels: One
  • Living Area: 794.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.1722
  • Lot Size Area: 7501.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7501.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    1517 Ricardo Neighborhood

    Community

    90033 (LOS ANGELES) Demographics

    32
    Median Age
    15,077
    Population Density (per sq. mile)
    16%
    College Educated
    $43,646
    Estimated Median Income
    2,724
    Estimated Total Home Owners
    10,672
    Estimated Total Renters
    20% / 80%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1517 Ricardo Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1517 Ricardo Market Data

    Based on the last 30 days in this zip code

    $747,087
    Average List Price
    $455
    Average Price per Square Foot
    5
    Properties Sold
    63
    Average Days on Market
    66
    Properties for Sale
    Calculations provided by Reliance Network

    1517 Ricardo History

    Date Event Value Agent
    6/9/2026Source: CRMLS Added to Database
    June 09, 2026
    6/7/2026Source: CRMLS Added to Database
    June 07, 2026
    Listing provided courtesy of Century 21 AllstarsDanny Navarro- MLS# DW26124125MLS ProviderContact Information: [email protected] - 562-863-2121