1018 E 57th Street, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners



1018 E 57th Street,Los Angeles, CA 90011
$550,000
- - Beds
- - Baths
- 1,031 sq. ft.
- Multi-family
- Active
Listed by:helen johnson
Office:dynamic realty& investments
MLS#:CRSR25114727
Source:CAMAXMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$533.46
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 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 or prefab) ?? Local Market Insight: Investors
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Home facts
- Year built:1906
- Listing Id #:CRSR25114727
- Added:83 day(s) ago
- Updated:August 14, 2025 at 05:06 PM
Rooms and interior
- Living area:1,031 sq. ft.
Heating and cooling
- Cooling:No Air Conditioning
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1906
- Building area:1,031 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$533.46
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