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$395,000
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Property 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.
Full Property Details
Full Property Details for 8129 S San Pedro St
General
- Price: $395,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26839937
- Updated: 6/13/2026
- Added to Site: 57 day(s) ago
Location
- Area: Metropolitan South
- County: Los Angeles
- Driving Directions: Located at the corner of San Pedro Street & 82nd.
Lot Features
- Property View: City
- Lot Size (Acres): 0.0587
- Lot Size: 2559
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6030-006-032
Listed by Avenue Realty Group, Jonathan Rawson
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Schools
Schools serving 8129 S San Pedro St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Park Elementary School 8510 Towne Avenue, Los Angeles, CA 90003 | K-6 | 0.4 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 0.9 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.3 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.6 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8129 S San Pedro St
Date
Details
Price
Change
Source
6/13/2026
Price Reduced
$395,000
-14.87%
MLS
6/04/2026
Price Reduced
$464,000
-5.11%
MLS
5/14/2026
Listed
$489,000
39.71%
MLS
12/12/2019
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8129 S San Pedro St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,926
2%
$382,772
2%
2024
$4,847
2%
$375,268
2%
2023
$4,757
5%
$367,910
2%
2022
$4,542
1%
$360,697
2%
2021
$4,478
-1%
$353,625
1%
2020
$4,519
929%
$350,000
3297%
2019
$439
14%
$10,302
2%
2018
$384
2%
$10,101
2%
2017
$378
10%
$9,904
2%
2016
$344
1%
$9,711
2%
2015
$342
-2%
$9,566
2%
2014
$350
—
$9,380
—
2013
$350
—
$9,339
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8129 S San Pedro St
8129 S San Pedro St, Los Angeles, CA 90003 (MLS# 26839937) is a Lots/Land property with a lot size of 0.0587 acres. 8129 S San Pedro St is currently listed for $395,000 and was received on May 14, 2026. Want to learn more about 8129 S San Pedro St? Do you have questions about finding other Lots/Land real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

