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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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  • Lot Information

    Main Square Feet: 2559 Lot Size Acres: 0.0587 Lot Size Square Feet: 2,559

  • Listing Price Information

    Listing Price: $395000
    Original Price: $489000

  • Tax Information

    Parcel Number: 6030006032

  • Location Information

    Direction: Located at the corner of San Pedro Street & 82nd.
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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)
8501 Towne, Los Angeles, CA, 90003 $275,000 -- -- -- 3,750 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)
436 W 76th, Los Angeles, CA, 90003 $750,000 -- -- -- 7,118 Sqft(Lot)
214 W 92nd, Los Angeles, CA, 90003 $479,000 -- -- -- 5,402 Sqft(Lot)

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ByOwner last updated this listing 08/11/2026 @ 11:40

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

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