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1529 E 1st Los Angeles, CA 90033
5,993 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26184013
HOA Y/N No
Year Built 1992
Lot Size 5,993 Sqft
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Utilities Available None
Roof Type None
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 5173031006
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Ibrahim Habib Pinnacle Estate Properties 818-731-6198, DRE #01251107