8129 S San Pedro Street, Los Angeles, CA — listing photo 1
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FOR SALE

8129 S San Pedro Street

Los Angeles, CA 90003
2,559 Lot Sq Ft
$395,000
Price ReducedWas $489,000 — $395,000 (-$94,000)

Property Overview

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.

Home Details

Property type
Land
Lot size
2,559 sq ft
Days on market
30
MLS status
Active
Zoning
LAR3

Community, Schools & Utilities

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Location & Neighborhood

8129 S San Pedro Street

Los Angeles, CA 90003

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Frequently Asked Questions About 8129 S San Pedro Street

Property type: Land

The current asking price is $395,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 8129 S San Pedro Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 30 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: Jonathan Rawson
MLS ID: CLW-C135603

Available property

$395,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.