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Listed by Alexia Hassan, DRE #01216375 • REALTY ONE GROUP HOMELINK
$1,999,900
Est. payment /mo
6,105 Sqft Lot
Active
9019 S San Pedro Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26148136
Year Built 1921
Lot Size 6,105 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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 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.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Interior
Heating No Heating
Cooling None
Laundry In Laundry Room
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 6041010009
Special Listing Condition Not Applicable
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