Lincoln Heights Development
1817 Sichel Street, Los Angeles, CA 90031
For Sale
$975,000
9,074 sq ft lot with RTI plans for 18 units.
Property Size9,077 SF
Lot Size0.21 Acres
Price / SF$107.41
Days on Market213
Property Features for 1817 Sichel Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Marcus & Millichap
Listed By:
Jon Emrani · License #01427038
(310) 909-5478
Source:
Archetyperealty
Added: Apr 10
Changed: Nov 5
Last Checked: Nov 6 at 6:10PM
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
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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
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,345
Businesses Nearby
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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
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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 $975,000.
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
