Overview
- 0
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- 1924
Description
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.
Address
Open on Google Maps- Address San Pedro
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90003
Details
Updated on May 22, 2026 at 10:07 am- Property ID: HZ26834307
- Price: $489,000
- Bedroom: 0
- Bathroom: 0
- Year Built: 1924
- Property Status: ResidentialIncome
- Listed by: Jonathan Rawson
- DRE #: 02010400
- Contact Phone: 3103679666|
- Contact Mail: jon@avenuerg.com
- Brokered by: Avenue Realty Group
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