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1018 57th Street, 
Los Angeles, CA 90011

$685,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Helen Johnson

Dynamic Realty& Investments

Last updated:

June 21, 2025, 09:10 PM

MLS#

SR25114727

Source:

CAREIL

About This Home

1018 57th Street

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 California’s 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 config potential: $200,000+/yr gross rents • Cap rate potential (renovated new build 4–8 unit): 6–8%+ depending on cost basis and construction type • ADU cost per unit: Est. $120–$200/sq. ft. (stick-built

Home Facts

Multi-Family

Built in 1906

Price Summary

685,000

MLS #:

SR25114727

Last Updated:

June 21, 2025, 09:10 PM

Added:

a month ago


Structure

Structure

Architectural Style:

Craftsman

Year Built:

1906


Lot

Lot Size (Sq. Ft):

5,434


Finances & Disclosures

Finances

Price:

$685,000

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