8129 S San Pedro St, Los Angeles, CA 90003
8129 S San Pedro St, Los Angeles, CA 90003
8129 S San Pedro St, Los Angeles, CA 90003
8129 S San Pedro St, Los Angeles, CA 90003
8129 S San Pedro St, Los Angeles, CA 90003
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RYAN STEELE

RYAN STEELE

+1(818) 900-1859
$ 464,000
Est. payment | /mo

2,559 Sqft Lot

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$ 464,000
Est. payment | /mo
Save

2,559 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26834307

Year Built 1924

Lot Size 2,559 Sqft

Acres 0.0587

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features On street

Building

Lot Description Fenced, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Single Lot, Value In Land

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Avenue Realty Group

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8129 S San Pedro St