Multi-Family for sale in Southern California — $395,000. 0 beds · 0 baths · 0 sqft. 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 pr…
$395,000
8129 S San Pedro Street, Los Angeles, CA 90003
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 updated: June 13, 2026 at 8:32 AM
Listed by: Jonathan Rawson, Avenue Realty Group
Source: CRMLS, MLS#: 26834307, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/13/2026 Source: CRMLS, #26834307 | Price change | $395,000-14.9% |
| 5/14/2026Source: CRMLS, #26834307 | Listed for sale | $464,000 |
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