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$650,000

FOR SALEActive

1529 E 1st

Los Angeles CA 90033

6,000

SF

Mixed Use

Type

1992

Built

$108/SF

Cost/SF

71 days on marketNalren refreshed

Listing Agent

Ibrahim Habib

Listing Agent

DRE #: 01251107

(818) 731-6198

Brokerage: Pinnacle Estate Properties

Location Analysis

MapProperty Location

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 Information

Property Overview

Commercial - MixedUse

Property Type

Active

Status

0.1376 acres

Lot Size

6,000 SF

Square Footage

$108.33/SF

Price per SF

1,992

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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