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1220 W 57th
Los Angeles CA 90037 US

$975,000

Active Listing ID GD26221465
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Lot: 0.34 Acres
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$975,000

Active Listing ID GD26221465
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1220 W 57th 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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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 975000
  • unparsedaddress: 1220 W 57th
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90037
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3403
  • lotsizeunits: Acres
  • lotsizearea: 0.3403
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Edik Minassian
  • listagentemail: eddie@theclassicrealty.com
  • listagentkey: 3yd-MRMLSCA-G81528
  • listagentmlsid: G81528
  • listagentpreferredphone: 8185216060
  • listagentofficephone: 8185216060
  • listofficekey: 3yd-MRMLSCA-G6558
  • listagentstatelicense: 01060150
  • listofficemlsid: G6558
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • listingcontractdate: 2026-09-21
  • listagenturl: HTTP://minassianrealty.com
  • countyorparish: Los Angeles
  • parcelnumber: 5002014019
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"classic realty exchange group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"eddie@theclassicrealty.com", "ListBrokerageCity":"Glendale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"eddie@theclassicrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"classic realty exchange group", "ListBrokeragePhone":"(818) 521-6060", "ListBrokeragePostalCode":"91202", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1615 Ard Eevin Avenue", "ListBrokerageWebsiteUrl":"HTTP://minassianrealty.com", "ListOfficeAddress1":"1250 W Glenoaks Blvd. # 502 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"G6558", "ListOfficeCity":"Glendale", "ListOfficeCountry":"US", "ListOfficeEmail":"eddie@theclassicrealty.com", "ListOfficePostalCode":"91201", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Land, Los Angeles, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-10-12 14:06:30", "Neighborhoods":[{"Description":null, "Name":"C34 - Los Angeles Southwest"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/12/2026 10:24:14 PM GMT
Source Updated Date: 10/16/2026 12:52:22 AM GMT

Courtesy of: Edik Minassian, Classic Realty Exchange, eddie@theclassicrealty.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.