$489,000

8129 S San Pedro Street, Los Angeles, CA 90003

  • Property Icon other
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days 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:
May 20, 2026 at 9:06PM
Listing Office:
Avenue Realty Group : 310-433-4293
Listing Agent:
Jonathan Rawson : 310-869-9137
MLS ID:
CL26834307
  • A/C: No Air Conditioning
  • Heating: None
  • Parking: Street ParkingParking spaces: 0
  • County: Los Angeles
  • Zoning: LAR36030006032

This listing courtesy of Jonathan Rawson , Avenue Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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