$395,000

8129 S San Pedro Street, Los Angeles, CA 90003

Land
Built in ——
2,557sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Rare RTI development opportunity in South Los Angeles, shovel-ready & priced to move. This cleared corner lot at San Pedro St and E 82nd Place offers City-approved plans for a 2-story, 4-unit residential project (2 primary units + 2 ADUs), with onsite parking included. At approximately 2,558 SF and zoned R3, the site is ideally suited for a small developer or investor-operator looking to build & hold for income. Projected Section 8 rental income of $2,041/unit/month (current HACLA 0BR for 90003) translates to approximately $97,968 in gross annual income. New construction ADUs are RSO-exempt for 30 years. Permits are in hand so no entitlement risk & no waiting to build here. The dual street frontage adds curb presence & flexibility. Don't miss this ready-to-build income play in a high-demand South LA submarket.

Listing Status:: Active
Date Added:: May 14, 2026
Data Last Updated:: July 6, 2026 at 4:16AM
Listing Office:: Avenue Realty Group : 310-433-4293
Listing Agent:: Jonathan Rawson : 310-869-9137
MLS ID:: 26839937

Parking: Parking spaces: 0

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LAR36030006032
View: City LightsView

Source: CRMLS_CL

This listing courtesy of Jonathan Rawson , Avenue Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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