Commercial Property — 1529 E 1st, Los Angeles, CA
$700,000
1529 E 1st, Los Angeles, CA
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.
Property details
Location
1529 E 1st • Los Angeles, CA 90033
Listed by
Ibrahim Habib · Pinnacle Estate Properties
Nearby listings in Los Angeles, CA
- 243 E 82nd, Los Angeles, CA · $607,000
- 6613 Irvine Avenue, Los Angeles, CA · $1,950,000
- 3635 S San Pedro Street, Los Angeles, CA · $1,590,000
- 3032 Glendale, Los Angeles, CA · $1,695,000
- 1212 Wall Stree, Los Angeles, CA · $3,180,000
- 236 E Avenue 39, Los Angeles, CA · $1,700,000
- 1134 W 39th, Los Angeles, CA · $1,750,000
- 3009 3015 Wabash, Los Angeles, CA · $1,470,070
- 1639 S Hobart, Los Angeles, CA · $3,795,000
- 566 S San Vicente Boulevard #102-NE, Los Angeles, CA · $1,600
- 8461 S San Pedro Street, Los Angeles, CA · $1,725,000
- 3616 Washington Boulevard W, Los Angeles, CA · $2,000