For Sale
Lot / Land
MLS# GD26221465
1220 W 57th
Los Angeles, CA 90037
$975,000
Los Angeles, CA 90037
$975,000
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.
Questions on 1220 W 57th, Los Angeles, CA 90037, or want to see it in person?
Listed by Edik Minassian, Classic Realty Exchange
Abrams Coastal Properties has intimate knowledge of Coastal Orange County and is dedicated to giving unbeatable service to its clients.
Contact Us
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2026 Abrams Coastal Properties. Powered by RealSavvy 