1018 57th Street, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1018 57th Street,Los Angeles, CA 90011
$500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: helen johnson
Office: dynamic realty& investments
MLS#:SR25226845
Source:CAREIL
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Price summary
- Price:$500,000
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 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 pr
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Home facts
- Year built:1906
- Listing ID #:SR25226845
- Added:46 day(s) ago
- Updated:November 13, 2025 at 08:03 AM
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Composition
- Year built:1906
Utilities
- Water:District - Public
Finances and disclosures
- Price:$500,000
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