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Listed by: Edik Minassian (818) 521-6060 DRE #01060150, Alejandro Quinonez DRE #02019414 | Classic Realty Exchange (818) 502-4100
$975,000
Monthly Est:$4,853
-- Bed
-- Bath
14,825sqft lot
1220 West 57th, Los Angeles, CA 90037
$975,000
$4,853/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
14,825 sqft lot
$66/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 17, 2026 at 12:07 am
- Source: California Regional MLS-CA | MLS#: GD26221465
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
14,825 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
GD26221465
MLS Status
Active
Days on Market
22
Cumulative Days on Market
4
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Bedroom: --
Bathroom: --
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Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Listed for Sale | $975,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:30AM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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