9019 S San Pedro

Los Angeles, CA 90003

About this property

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.

About this property

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.

Features and Additional Information

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$1,549,900 Active
3,750 sqft

Presented By Benjamin Leaskou

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License #01754516
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REALTY ONE GROUP HOMELINK
1-951-426-2116
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Area Information

C37 Metropolitan South | Los Angeles County |

$ 1,549,900
This listing is play_arrow 123.2% higher than the average in the area
$ 694,321 in the area
3,750 SqFt
This listing is play_arrow 170.2% larger than the average in the area
1,388 SqFt in the area
$ 413 $/SqFt
This listing is play_arrow 17.4% less than the average in the area
$ 500 $/SqFt in the area
110 days on site
This listing is play_arrow 5600.0% above the average in the area
-2 days on site in the area

Schools in the Area

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Listed By Alexia Hassan
Brokerage: REALTY ONE GROUP HOMELINK

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