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
MLS #
CRSR25226845
MLS Source
California Regional MLS
Laundry
None
Cooling
None
Heating
Gas
Roof
Composition
Foundation
Raised
Pool
None
Style
Craftsman
Garage/Parking
Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
Listing Agent
Helen Johnson
Dynamic Realty& Investments
License #: 00912831
Phone: –
Co-Listing Agent
Tiffany Mcmurray
Tiffany Anderson McMurray
License #: 01389251
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 3 |
1018 E 57th St is a Triplex in Los Angeles, CA 90011. This – square foot property sits on a 5,434 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $500,000 and was built in 1906. This address can also be written as 1018 E 57th St, Los Angeles, CA 90011.
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This listing information is up-to-date as of November 12, 2025. For the most current information, please contact Helen Johnson