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Listed by Alexia Hassan • REALTY ONE GROUP HOMELINK
$ 1,549,900
Est. payment /mo
Price Dropped by $450K
9019 South San Pedro Los Angeles, CA 90003
3,750 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $413
MLS Listing ID CV-26148136
Year Built 1921
Lot Size 6,105 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
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.
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 Metropolitan South
Interior
Heating None
Laundry Individual Room
Exterior
Garage Spaces 4.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer