$ 489,000
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$489,000
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0
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SqFt
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About the Listing CLW-X8278801 - CLW-C135603
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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
26834307
Year Built
1924
Total Square Footage
0
Lot/Acreage
0.06
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Rectangular Lot,Value In Land,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 43 x 60
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
- Parking Features: On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6030006032
- Tax Year: N/A
Payment Calculator
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Questions About..
8129 S San Pedro St Los Angeles, CA 90003
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