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.
| MLS # | CV26148136 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 75 |
| Listing Provided By | REALTY ONE GROUP HOMELINK | Alexia Hassan |
| SQ Feet | 3,750 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Lot Features | Two To Five Units Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $1,549,900 low | high Med: $697,000 sqft: 3,750 low | high Med: 2,110 $ / sqft: $413 low | high Med: $344 On site: 75 low | high Med: 53.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $1,549,900 low | high Med: $697,000 sqft: 3,750 low | high Med: 2,110 $ / sqft: $413 low | high Med: $344 On site: 75 low | high Med: 53.5 | |
![]() | $849,999126 E 89thLos Angeles, CA 90003 |