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8129 S San Pedro Street

Los Angeles, CA 90003
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SqFt2,559

Sqft(Lot)

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-deman d South LA submarket.

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Detail Ic Property Details

Property Type : Land

Price : $395,000

AD Id : 79434146

MLS Id : 26839937

Lot Size : 2,559 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0587
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 2559

  • Listing Price Information

    Original List Price: 395,000 Listing Contract Date: 2026-05-14
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 6030006032

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C37 - Metropolitan South Postal Code Plus 4: 2614 Directions: Located at the corner of San Pedro Street & 82nd. Zoning: LAR3 Source Property Type: Land Area: C37 - Metropolitan South
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7402 Avalon Boulevard, Los Angeles, CA, 90003 $950,000 -- -- -- 9,402 Sqft(Lot)
8019 Towne Avenue, Los Angeles, CA, 90003 $90,000 -- -- -- 1,650 Sqft(Lot)
125 E Florence Avenue, Los Angeles, CA, 90003 $3,990,000 -- -- -- 29,185 Sqft(Lot)
235 E Manchester, Los Angeles, CA, 90003 $1,300,000 -- -- -- 8,800 Sqft(Lot)
118 W 87th Place, Los Angeles, CA, 90003 $649,888 -- -- -- 5,362 Sqft(Lot)
214 W 92nd, Los Angeles, CA, 90003 $519,000 -- -- -- 5,402 Sqft(Lot)

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ByOwner last updated this listing 06/26/2026 @ 00:19

MLS: 26839937 LISTED BY: Jonathan Rawson, Avenue Realty Group 310-433-4293 SOURCE: CRMLS

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