John E Burge

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Listing provided courtesy of Avenue Realty Group- MLS# 26839937MLS Provider

8129 S San Pedro StLos Angeles, CA 90003

Vacant Land · 0.06 Acres
$395,000 Active

8129 S San Pedro St Overview

Time on Site:
32 days
Visits:
0

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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8129 S San Pedro St Facts & Features

  • Type Vacant Land
  • Lot 0.06 Acres

Details

General

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Metropolitan South

General Information

  • Disclosures: None
  • Property Type: Land
  • Zoning: LAR3

Interior

Exterior

Lot Information

  • Lot Size Area: 2559
  • Lot Size Source: Vendor Enhanced

Waterfront/View

    8129 S San Pedro St Neighborhood

    Community

    90003 (Los Angeles) Demographics

    29
    Median Age
    20,870
    Population Density (per sq. mile)
    10%
    College Educated
    $42,220
    Estimated Median Income
    4,717
    Estimated Total Home Owners
    12,825
    Estimated Total Renters
    27% / 73%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    8129 S San Pedro St Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    8129 S San Pedro St Market Data

    Based on the last 30 days in this zip code

    $629,258
    Average List Price
    $499
    Average Price per Square Foot
    19
    Properties Sold
    133
    Average Days on Market
    145
    Properties for Sale
    Calculations provided by Reliance Network

    8129 S San Pedro St History

    Date Event Value Agent
    6/13/2026Source: CRMLS Price Reduction
    $395,000 -14.9%
    6/13/2026Source: CRMLS Price Reduction
    $395,000 -14.9%
    6/13/2026Source: TheMLS (CLAW) Price Reduction
    $395,000 -14.9%
    6/13/2026Source: TheMLS (CLAW) Price Reduction
    $395,000 -14.9%
    6/4/2026Source: CRMLS Price Reduction
    $464,000 -5.1%
    6/4/2026Source: CRMLS Price Reduction
    $464,000 -5.1%
    6/4/2026Source: TheMLS (CLAW) Price Reduction
    $464,000 -5.1%
    6/4/2026Source: TheMLS (CLAW) Price Reduction
    $464,000 -5.1%
    5/28/2026Source: CRMLS Added to Database
    May 28, 2026
    5/28/2026Source: TheMLS (CLAW) Added to Database
    May 28, 2026
    5/14/2026Source: CRMLS Added to Database
    May 14, 2026
    5/14/2026Source: TheMLS (CLAW) Added to Database
    May 14, 2026
    7/11/2025Source: CRMLS Added to Database
    July 11, 2025
    7/11/2025Source: TheMLS (CLAW) Added to Database
    July 11, 2025
    10/13/2022Source: CRMLS Added to Database
    October 13, 2022
    6/23/2022Source: TheMLS (CLAW) Added to Database
    June 23, 2022
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