$975,000

1220 W 57th, Los Angeles CA, 90037

Lot size0.34 Acres

Property typeLand

Overview

Active

Listed Oct 12, 2026

Updated 29h 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.

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Data last updated 4:35 AM UTC, 10/13/2026

Website advertised by Coldwell Banker West , DRE 271549