8129 South San Pedro Street Los Angeles, CA ^$ 489,000

8129 South San Pedro Street

^$ 489,000

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8129 South San Pedro Street

Los Angeles, CA, 90003

^$ 489,000

Studio Baths0.0

Monthly Estimate*

^$ 3,011

8129 South San Pedro Street, Los Angeles, CA 90003 - Image 1

8129 South San Pedro Street, Los Angeles, CA 90003 - Image 2

8129 South San Pedro Street, Los Angeles, CA 90003 - Image 3

8129 South San Pedro Street, Los Angeles, CA 90003 - Image 4

8129 South San Pedro Street, Los Angeles, CA 90003 - Image 5

Studio

Multi-Family Home for sale in Los Angeles, CA

for $489,000. This home was built in 1924 on a lot size of 0.06.

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.

Multi-Family Active

Price

^$ 489,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.06

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026834307

Features

General

Living Area 0

Zoning LAR3

Pool Features None

Year Built 1924

Levels One

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 2559

Additional Parcels Y/N false

Standard Status Active

Interior

Total Stories 0

Air Conditioning Y/N false

Heating Y/N false

Total Baths 0

Exterior

Parking Features Street

Lot Features Rectangular Lot Value In Land

Lot Size Area 2559

Foundation Details None

Building Area Total 0

Lot Dimensions 43 x 60

Lot Size Acres 0.06

* Excluded Features

List By

Jonathan Rawson

Listing Agent

Avenue Realty Group

Broker

jon@avenuerg.com

Affordability Calculator

$3,011

Per Month

Monthly Principal & Interest: $3,011
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,890,329

Percent of Sale Price 287%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2026	$489,000		Listed Price

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8129 South San Pedro Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $489,000 with a lot size of 0.06. 8129 South San Pedro Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/15/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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8129 South San Pedro Street

Multi-Family Home for sale in Los Angeles, CA

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