8129 S San Pedro Street, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
8129 S San Pedro Street,Los Angeles, CA 90003
$395,000
  • 0.06 Acres
  • Lots / Land
  • Active
Listed by: jonathan rawson
Office: avenue realty group310-433-4293
MLS#:26839937
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

  • Listing ID #:26839937
  • Added:47 day(s) ago
  • Updated:July 01, 2026 at 01:26 PM

Structure and exterior

  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$395,000
Based on information from California Regional Multiple Listing Service, Inc. as of July 1, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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