Listed by Landon Realty Group
$399,999
1623 E 1st
Details
APN 5173031011
Property Type Land
Sub Type Lots/Land
Acreage 0.192
Land | 0.192 acres
Marketing 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 sites [Q] Qualified Conditions and RIO (River Improvement Overlay) District encourage projects that align with the Citys 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). Dont miss out on this opportunity to shape your vision in one of Los Angeles most dynamic markets!
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Listed by Landon Realty Group
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