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California>Los Angeles>Florence

8129 S San Pedro StreetLos Angeles, CA 90003

For Sale

$395,000

Smart Buyer Rebate $3,950

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.

Listed by Jonathan Rawson

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License #02010400

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Avenue Realty Group

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310-869-9137

Last updated June 13, 2026

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Source: CRMLS #26834307

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlorence
  • Days on Prevu33

Location

Mortgage Calculator

Listing History

06/13/2026
Price Decreased
$395,000
06/04/2026
Price Decreased
$464,000
05/14/2026
Listed by Avenue Realty Group
$489,000

Property Details for 8129 S San Pedro Street

Exterior

Construction

  • Stories: 1
  • Year Built: 1924

Measurements

  • Lot Features: Rectangular Lot, Value In Land
  • Lot Size Acres: 0.05
  • Lot Size Area: 2,559
  • Lot Size Dimensions: 4,360
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,559
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 6030006032

Parking

Parking

  • Parking Features: On Street

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 8129 S San Pedro Street.

How does 8129 S San Pedro Street compare to other multi-family homes in Florence?

This multi-family home is listed 72% below the average price for multi-family homes in Florence and has been on the market for 74 less days than the typical home in this area.

8129 S San Pedro Street is a -bedroom multi-family home for sale in Los Angeles CA 90003. Available on Prevu for 33 days at $395,000. This includes a recent price decrease of $69,000. This home is located in Florence. The median listing price for multi-family homes in this area is $825,000. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.