Lincoln Heights Development
For Sale
$1,100,000
1817 Sichel Street, Los Angeles, CA 90031
9,074 sq ft lot with RTI plans for 18 units.
Property Size9,077 SF
Lot Size0.21 Acres
Price / SF$121.19
Days on Market197
Property Features for 1817 Sichel Street
General Information
Standard status
Active
Size
9,077 SF
Lot size
0.21 Acres
Property subtype
Land Lot
Zoning
LAR3
Amenities
No
Listing Agency:
Marcus & Millichap
(310) 422-8052
Listed By:
Jon Emrani · License #01427038
(310) 422-8052
Source:
Compass
Added: Jan 24
Changed: Aug 8
Last Checked: Jul 16 at 6:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
This 9,074 sq. ft. lot, formerly the site of a single-family home demolished in 2020, presents a development opportunity. The owner has obtained RTI plans for 18 units and prepared the lot for construction. Key features include SB8 status, 55 feet of frontage, and location within a Qualified Opportunity Zone. The site benefits from the absence of structure demolition or tenant relocation requirements. Situated in Lincoln Heights, one of Los Angeles' oldest suburbs and a rapidly developing area, the property offers proximity to Downtown Los Angeles. The neighborhood combines historic charm with new retail and dining options, along with good transit and accessibility.
Key Highlights
- RTI (Ready‑to‑Issue) plans for 18 units significantly accelerates development
- SB8 status streamlines the approval process
- Located in a Qualified Opportunity Zone, offering potential tax benefits
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,912
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 9,074 sq ft lot with RTI plans for 18 units.
Where is this residential land & home lot located?
The property is located at 1817 Sichel Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: RTI (Ready‑to‑Issue) plans for 18 units significantly accelerates development; SB8 status streamlines the approval process; Located in a Qualified Opportunity Zone, offering potential tax benefits
