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$499,999

$2,400Reward *

1623 E 1st Street, Los Angeles, CA 90033Listing ID SR26005009

1623 E 1st Street, Los Angeles, CA 90033

Active

Time on site: 118 days • Last updated: Mar 23, 2026

Property Type

Land

Property Sub Type

Acres

0.19

Days on Site

117

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 site’s [Q] Qualified Conditions and RIO (River Improvement Overlay) District encourage projects that align with the City’s 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). Don’t miss out on this opportunity to shape your vision in one of Los Angeles’ most dynamic markets!

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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F207012370 • SR207059025

1623 E 1st Street, Los Angeles, CA 90033

Market Report for 90033

Property Information

Property Details

Location

Financial