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    1St St Los Angeles, CA 90026

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    For Sale
    $350,000

    Vacant 2,970 SF lot in rapidly developing Los Angeles corridor.

    Lot size:
    0.07 Acres

    Property Features for 1St St

    General Information

    Standard status
    Active
    Lot size
    0.07 Acres

    Source: LEE & ASSOCIATES INVESTMENTS SERVICES GROUP INC Agent JESSE MUNOZ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity Near Vista Hermosa

    This 2,970 square foot vacant lot is zoned C2 (CW) - U/3 with unlimited height restrictions. The property is located directly across from Vista Hermosa Park and features an alleyway for ingress and egress. Situated in the Central City West Specific Plan area and part of TOC Tier 1, the site benefits from zoning incentives and development bonuses. This property presents a development opportunity in a growing area of Los Angeles.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.4261102
    Latitude
    34.2634145

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    FAQs

    What type of property is this?
    Commercial land - Vacant 2,970 SF lot in rapidly developing Los Angeles corridor.
    Where is this commercial land located?
    The property is located at 1St St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Zoned C2 (CW) - U/3 with unlimited height restrictions, ideal for high-impact development.; - Located directly across from Vista Hermosa Park.; - Benefits from significant zoning incentives and development bonuses.
    Request Owner's contact information
    1St St Los Angeles, CA 90026
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    Los Angeles, CA 90026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1St St Los Angeles, CA 90026
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