8129 S San Pedro Active

Los Angeles,CA 90003

$ 525000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24241158

HOA Y/N No

Lot Size 2,559 Sqft

Acres 0.0587

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 its 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.
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 its 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 Los Angeles (90003)

Building

Lot Description Corner Lot,Curbs,Sidewalks

Lot Size Range 1-3999 SF

Others

Monthly Total Fees $28

Miscellaneous Value in Land

Acceptable Financing Cash

Listing Terms Cash

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