1018 E 57th Street, Los Angeles, CA 90011

Local realty services provided by:ERA North Orange County Real Estate
1018 E 57th Street,Los Angeles, CA 90011
$550,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:helen johnson
Office:dynamic realty& investments
MLS#:SR25114727
Source:SANDICOR

Price summary

  • Price:$550,000

About this home

Investor Goldmine in South LA R2 Zoning + SB 9 Opportunity! This oversized 5,434 sq. ft. LAR2 lot is a rare gem with massive development flexibility. Zoned R2, it allows up to 2 primary units by right, plus 1 full-size ADU (up to 1,200 sq. ft. and 1 Junior ADU delivering up to 4 legal rental units without needing a variance. But it gets even better: SB 9 Eligible: Qualifies for lot split under Californias SB 9 law. That means you could split into two parcels, build a duplex on each, and add ADUs up to 8 units total. Development Summary: Current Zoning: LAR2 (Residential 2 Units by right) Lot Size: 5,434 sq. ft. Unit Potential (without SB9): 1 duplex + 1 ADU + 1 JADU = 4 units Unit Potential (with SB9 split): 2 duplexes + ADUs = up to 8 units Frontage & depth: Flat, rectangular lot with alley access = builder-friendly ?? Investment Snapshot: Average Rent (2-bed units in area): $2,200$2,500/month Full 4-unit config projected gross income: $105,000$115,000/yr 8-unit SB 9

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Home facts

  • Listing Id #:SR25114727
  • Added:89 day(s) ago
  • Updated:August 20, 2025 at 01:54 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$550,000
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