1623 1st St Los Angeles, CA 90033
Estimated payment $3,498/month
Highlights
- No HOA
- 4-minute walk to Mariachi Plaza
- Views
- Felicitas and Gonzalo Mendez High Rated A-
About This Lot
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!
Listing Agent
Landon Realty Group Brokerage Phone: 818-613-1767 License #01281552 Listed on: 09/12/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $485
Lot Details
- 8,349 Sq Ft Lot
- Irregular Lot
- Property is zoned LAM1
Additional Features
- Property Views
Listing and Financial Details
- Assessor Parcel Number 5173031011
- $485 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $485 | $33,772 | $33,772 | -- |
| 2024 | $485 | $33,110 | $33,110 | -- |
| 2023 | $476 | $32,461 | $32,461 | $0 |
| 2022 | $449 | $31,825 | $31,825 | $0 |
| 2021 | $443 | $31,201 | $31,201 | $0 |
| 2019 | $428 | $30,277 | $30,277 | $0 |
| 2018 | $423 | $29,684 | $29,684 | $0 |
| 2016 | $402 | $28,532 | $28,532 | $0 |
| 2015 | $395 | $28,104 | $28,104 | $0 |
| 2014 | $400 | $27,554 | $27,554 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $649,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25214388
APN: 5173-031-011
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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