Property listed by Avenue Realty Group, Jonathan Rawson 310-433-4293
8129 S San Pedro Street
Los Angeles, CA 90003
Acres
0.06
$395,000
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… Read More 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. Read Less
Property listed by Avenue Realty Group, Jonathan Rawson 310-433-4293
Listing Snapshot
Days Online
35
Last Updated
Lot Size
0.06 Acres
MLS Number
26839937
Additional Details
Lot
0.0587 acres
Property
CityLights
Taxes
Parcel Number: 6030006032, Zoning: LAR3
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