8129 S San Pedro Street, Los Angeles, CA 90003
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
8129 S San Pedro Street,Los Angeles, CA 90003
$395,000
- 0.06 Acres
- Lots / Land
- Active
Listed by: jonathan rawson
Office: avenue realty group
MLS#:CL26839937
Source:Bay East, CCAR, bridgeMLS
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
- Listing ID #:CL26839937
- Added:89 day(s) ago
- Updated:August 13, 2026 at 02:32 PM
Structure and exterior
- Lot area:0.06 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$395,000
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