8129 S San Pedro Street Los Angeles, CA $ 489,000
8129 S San Pedro Street
$ 489,000
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8129 S San Pedro Street

Los Angeles, CA, 90003
$ 489,000
Baths0.0

Monthly Estimate*

$ 3,011

Listed by Avenue Realty Group
8129 S San Pedro Street, Los Angeles, CA 90003 - Image 1
8129 S San Pedro Street, Los Angeles, CA 90003 - Image 2
8129 S San Pedro Street, Los Angeles, CA 90003 - Image 3
8129 S San Pedro Street, Los Angeles, CA 90003 - Image 4
Studio

Multi-Family Home for sale in Los Angeles, CA

for $489,000. This home was built in 1924 on a lot size of 0.0587.

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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Multi-Family Active

Price

$ 489,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0587

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26834307

Days on Market

2

Features
General
Living Area 0
Heating None
Cooling None
Possession Close Of Escrow
Zoning LAR3
Year Built 1924
Stories Count 1
Levels One
Gross Income 0
County Los Angeles
Net Operating Income 0
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Located at the corner of San Pedro Street & 82nd
City Los Angeles
Senior Community Y/N false
Number Of Units Total 0
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 2559
Additional Parcels Y/N false
Standard Status Active
Occupancy Type Vacant
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Interior
Total Stories 0
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features On Street
Lot Features Rectangular Lot Value In Land
Total Parking 0
Lot Size Area 2559
Number of Buildings 1
Building Area Total 0
Lot Dimensions 43 x 60
Lot Size Acres 0.0587
Lot Size Source Assessor
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* Excluded Features
List By
Avenue Realty Group

Broker

jon@avenuerg.com

Email

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$3,011
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Monthly Principal & Interest
$3,011
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$489,000 Listed Price

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8129 S San Pedro Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $489,000 with a lot size of 0.0587. 8129 S 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