0 Baths

$975,000

1220 W 57th, LOS ANGELES CA, 90037

Price per sqft$65.77

Lot size0.34 Acres

Property typeLand

Overview

Active

Listed Sep 21, 2026

Updated 12h ago

PRIME MULTIFAMILY DEVELOPMENT OPPORTUNITY 14,821 SQ. FT. LOT! Exceptional investment and development opportunity in the heart of Los Angeles! Offered at $975,000, this expansive 14,821 sq. ft. vacant lot features RD1.5-1-CPIO zoning, offering excellent potential for multifamily residential construction. Based on the standard RD1.5 density calculation, the lot may accommodate approximately 9 residential units, subject to City approval and applicable development regulations. The property is also designated as a Housing Element Rezoning Site and is located within a Transit Priority Area, providing opportunities to explore qualifying density bonuses and affordable housing incentives. Conveniently located near major transportation corridors, shopping, schools, and employment centers. Ideal for developers, builders, and investors seeking to capitalize on Los Angeles' continued housing demand. Buyer to independently verify zoning, allowable density, development incentives, parking requirements, and all construction possibilities with the City of Los Angeles.

Additional information

MLS^® ID: GD26221465IT

Exterior Features

Lot Size: 0.34 Acres

Listed by Edik Minassian with Classic Realty Exchange
Listing Contact: 818-521-6060

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Diane Forbes Halliburton shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 10/13/2026