8129 S San Pedro Street, Los Angeles, CA 90003
Local realty services provided by:CENTURY 21 LOTUS
8129 S San Pedro Street,Los Angeles, CA 90003
$395,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jonathan rawson
Office: avenue realty group310-433-4293
MLS#:26834307
Source:CRMLS
Price summary
- Price:$395,000
About this home
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.
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Home facts
- Year built:1924
- Listing ID #:26834307
- Added:34 day(s) ago
- Updated:June 18, 2026 at 10:32 AM
Structure and exterior
- Year built:1924
- Lot area:0.06 Acres
- Lot Features:Rectangular Lot, Value In Land
- Levels:1 Story
Finances and disclosures
- Price:$395,000
Parking
- Parking description:On Street
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