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For SaleLuxury

$1,549,900

6,107 sqft$254/sqft122 days on market

9019 S San Pedro ST

Los Angeles, CA 90003

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,107

Square feet

1921

Built

Listing narrative

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 California’s 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.

Listing agent (MLS): Alexia Hassan · Listing brokerage (MLS): REALTY ONE GROUP HOMELINK

Property Details

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Price

$1,549,900

Beds

Beds n/a

Type

House

Home Size

6,107 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

1921

Status

For Sale

Days on Market

122

$ / Sqft

$254

· 8% down, 7% APR, 30yr fixed
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Courtesy of REALTY ONE GROUP HOMELINK