8129 S San Pedro Street

Los Angeles, CA 90003
$525,000
0.06 acres | #SB24241158
Courtesy of Redfin Corporation

Description

Vacant Lot for Sale in Los Angeles – A Rare Gem with Multi-Residential Potential! Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce. The lot is zoned R-3, an easily accessible corner lot ,and it’s also TOC TIER 1 Eligible for higher density building incentives. Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved. Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city's growing demand for quality living spaces.

  • Property Details
      • Lot description:ZeroToOneUnitAcre, BackYard, CornerLot, FrontYard, ValueInLand
      • Acres:0.0587
      • Property type:Purchase
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
      • County:Los Angeles
      • Original List Price:$525, 000
      • MLS #:SB24241158
      • Cost:525000
      • Property subtype:Land
      • MLS #:SB24241158

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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