$599,870
$100K PRICE DROP

1260 W 1st St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated payment $3,793/month

Total Views 2,527
0.07 Acre
$8,808,664 Price per Acre
2,970 Sq Ft Lot

About This Lot

Zoned C2 (CW) - U/3 with unlimited height restrictions, the vacant lot is positioned directly across from Vista Hermosa Park, this 2,970 SF vacant lot, with an alleyway for ingress and egress, offers a rare opportunity to capitalize on the growth of one of Los Angeles' most rapidly developing corridors. Located in the Central City West Specific Plan area and part of TOC Tier 1, this site benefits from significant zoning incentives and development bonuses, making it an ideal canvas for a variety of high-impact projects. This property listing presents a highly strategic development opportunity in a fast-growing area of Los Angeles.

Listing Agent

Jesse Munoz

Lee & Associates Investments Services Group Inc License #01372980 Listed on: 05/15/2025

Lee & Associates Investments Services Group Inc

Property Details

Property Type

  • Land

Lot Details

  • 2,970 Sq Ft Lot
  • Lot Dimensions are 51 x 59
  • Flag Lot
  • Value in Land
  • Property is zoned LACW

Property Views

  • Bridge
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Park or Greenbelt

Location

  • City Lot

Utilities

  • Sewer in Street
  • Public Hookup Available For Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5152-008-010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.0681
  • Lot Dimensions: 51 x 59
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Road Frontage: 51
  • Street Description: Sidewalk
  • Street Lights: Yes
  • View: City Lights, City, Canyon, Hills, Bridge, Walk Street, Park, Mountains
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street, Unknown
  • Gas: In Street, Unknown
  • Sewer: In Street, Unknown, Public Hookup Available
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 5152-008-010
  • Current Geological: Yes
  • Land Value: 699870.00
  • Lot Description: Sidewalks, Lot Shape-Flag, Walk Street, Value In Land, Single Lot
  • Lot Location: Alley Access, City
  • Lot Size Area: 2970
  • Potential Usage: Mixed-use development (res + ground floor retail);100% residential or micro-unit developments with density bonus;Boutique hotel, light manufacturing.
  • Present Use: Vacant Land
  • Site Decription: City, Hillside, Varied
  • Topography: Varied
  • Trees: 0
  • Usable Land Percent: 100.00

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Price Changed $599,870 -14.3% --
05/15/2025 05/15/25 For Sale $699,870 -- --
Source: The MLS

Source: The MLS

MLS Number: 25539689

The MLS
California Los Angeles County Los Angeles 90012 Echo Park

1260 W 1st St, Los Angeles, CA

This home is located at 1260 W 1st St, Los Angeles, CA 90026 and is currently priced at $599,870. 1260 W 1st St is a home located in Los Angeles County with nearby schools including Betty Plasencia Elementary School, Sal Castro Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
Information is deemed reliable but not guaranteed.

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Jesse Munoz
Listing Agent
Jesse Munoz
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Lee & Associates Investments Services Group Inc
(310) 266-3648