858-525-5007

8129 San Pedro, Los Angeles CA 90003 | $395,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 2559 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1924
  • MLS#: 26834307
  • Community: C37 - Metropolitan South

Listing provided courtesy of Jonathan Rawson of Avenue Realty Group. Last updated 2026-07-09 08:11:27.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.06 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985