8129 S San Pedro Street, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8129 S San Pedro Street,Los Angeles, CA 90003
$464,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jonathan rawson
Office: avenue realty group
MLS#:CL26834307
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$464,000

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 #:CL26834307
  • Added:24 day(s) ago
  • Updated:June 09, 2026 at 03:33 PM

Structure and exterior

  • Year built:1924
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$464,000

Parking

  • Parking description:Street Parking
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 9, 2026

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