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1220 W 57th Los Angeles, CA $ 975,000
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$ 975,000 Get more info
1220 W 57th
$ 975,000
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1220 W 57th

Los Angeles, CA, 90037
$ 975,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,734

Listed by Edik Minassian, Classic Realty Exchange, eddie@theclassicrealty.com
1220 W 57th, Los Angeles, CA 90037 - Image 1
1220 W 57th, Los Angeles, CA 90037 - Image 2
1220 W 57th, Los Angeles, CA 90037 - Image 3

Lots and Land for sale in Los Angeles, CA

for $975,000. The lot size is 0.3403.

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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Lots and Land Active

Price

$ 975,000

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.3403

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD26221465

Days on Market

23
Features
General
Zoning LARD1.5
HOA Fee 0
View None
Community Features Curbs
County Los Angeles
New Construction false
Property Type Land
HOA false
Contingency Buyer is advised to independently investigate all aspects of the property (including but not limited to permits easements and uses bed/bath counts square footage and schools) verify the accuracy of all information provided through personal inspection & with appropriate professionals to Buyer's satisfaction.
Special Listing Conditions Probate Listing
Status Active
Directions S. Normandie and Slauson
City Los Angeles
Senior Community Y/N false
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 14825
Listing Terms Cash Cash to New Loan
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
Tax Lot 1
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 14825
Lot Size Acres 0.3403
Lot Size Source Assessor
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* Excluded Features
List By
Edik Minassian

Listing Agent

Classic Realty Exchange

Broker

eddie@theclassicrealty.com

Email

Affordability Calculator

$6,734
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,734
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/12/2026$975,000 Listed Price

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1220 W 57th, Los Angeles, CA, 90037 is a Lots and Land for sale at $975,000 with a lot size of 0.3403. 1220 W 57th has 0.0 baths. The property's zip code is 90037 which is in Los Angeles, CA

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