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 are aggressively repositioning nearby properties with the same lot size and zoning — converting SFRs into income-generating 4-plexes and 6-plexes. Recent comps in 90011 show similar properties selling post-development for $900k–$1.25M+, especially if delivered fully leased.
Why This Lot Stands Out:
• Zoned R2 w/ flexible multi-unit build options
• SB 9 eligible – split the lot, double the density
• 4–8 unit potential = high cash flow, big resale margin
• Flat, buildable lot near USC, DTLA, Expo Line
Final Word:
Whether you’re a seasoned developer or first-time investor, this is your rare chance to acquire a multifamily development site with strong ROI, clear entitlement path, and tons of upside in South LA’s hottest pocket.
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 are aggressively repositioning nearby properties with the same lot size and zoning — converting SFRs into income-generating 4-plexes and 6-plexes. Recent comps in 90011 show similar properties selling post-development for $900k–$1.25M+, especially if delivered fully leased.
Why This Lot Stands Out:
• Zoned R2 w/ flexible multi-unit build options
• SB 9 eligible – split the lot, double the density
• 4–8 unit potential = high cash flow, big resale margin
• Flat, buildable lot near USC, DTLA, Expo Line
Final Word:
Whether you’re a seasoned developer or first-time investor, this is your rare chance to acquire a multifamily development site with strong ROI, clear entitlement path, and tons of upside in South LA’s hottest pocket.
Property Details
Price:
$550,000
MLS #:
SR25114727
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c34losangelessouthwest
Listed Date:
May 21, 2025
Lot Size:
5,434 sqft / 0.12 acres (approx)
Year Built:
1906
See this Listing
Schools
Interior
Cooling
None
Heating
Natural Gas
Laundry Features
None
Exterior
Architectural Style
Craftsman
Community Features
Sidewalks, Urban
Construction Materials
Drywall Walls, Stucco
Other Structures
Two On A Lot
Parking Features
Driveway, Driveway – Combination, Garage, Garage – Single Door
Parking Spots
2.00
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Financial
Map
Community
- Address1018 E 57th Street Los Angeles CA
- NeighborhoodC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Residential Income in Los Angeles as of Oct 22, 2025
1,651
Residential Income Listed
211
Avg DOM
$1,943,550
Avg List Price
Property Summary
- 1018 E 57th Street Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90011. It is listed for $550,000
Similar Listings Nearby

1018 E 57th Street
Los Angeles, CA