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.
19 days
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34
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Zillow last checked:
Listing updated:
Listed by:
Alexia HassanDRE #01216375626-216-9101,
REALTY ONE GROUP HOMELINK
Source: CRMLS,MLS#: CV26148136Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
None
Cooling
None
Appliances
Laundry: Laundry Room
Features
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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