8129 S San Pedro ST new

Los Angeles,CA 90003

$ 525000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24241158

HOA Y/N No

Lot Size 2,556 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR3

Interior

Fireplace No

Exterior

Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks,Urban

Utilities Available Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre,Back Yard,Corner Lot,Front Yard,Value In Land

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6030006032

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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