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$1,999,900
Est. payment /mo
8 Beds
4 Baths
6,105 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26148136
Bedrooms 8
Lot Size 6,105 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Opportunity for value-add redevelopment in South Los Angeles. Located at 9019 South San Pedro Street, this 6,000-square-foot corner lot is improved with a 4-unit residential building currently subject to the Los Angeles Rent Stabilization Ordinance (RSO). Positioned on a corner lot with access from both San Pedro Street and the adjacent alley, the property offers site access that may provide flexibility for future development, parking design, and building layout. Developers may wish to explore opportunities under Californias AB 1287 Stacked Density Bonus Law and the City of Los Angeles Transit Oriented Communities (TOC) Tier 1 program. Located less than two blocks from the transit corridor along Manchester Avenue, the property may be eligible for increased residential density, potentially allowing up to 8 units in a 4-story building through applicable density bonus incentives, as well as potential parking reductions under AB 2097, subject to City approval and applicable regulations.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction Broadway to Century to San Pedro
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6041010009
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Alexia Hassan, DRE#01216375 REALTY ONE GROUP HOMELINK
Nearby Locations
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