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Land - 1220 W 57th, Los Angeles, CA

$975,000

1220 W 57th, Los Angeles, CA

MLS# GD26221465

1220 W 57th, Los Angeles, CA 90037 - $975,000 · Land for Sale, photo 1 1220 W 57th, Los Angeles, CA 90037 - $975,000 · Land for Sale, photo 2 1220 W 57th, Los Angeles, CA 90037 - $975,000 · Land for Sale, photo 3
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Description

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.

Property details

Property type
Land
Lot size
14,825 sqft

Location

1220 W 57th • Los Angeles, CA 90037

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Listing Agent

Edik Minassian

DRE #: 01060150

Brokerage: Classic Realty Exchange

Alejandro Quinonez

Co-Listing Agent

DRE #: 02019414

Brokerage: TDC/Pacific Properties

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CRMLS

MLS# GD26221465

Listed: 10/12/2026 6:22 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/16/2026 5:07 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Classic Realty Exchange

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715