$1,549,900

Multi Family In Los Angeles

  • 8 Beds
  • 4 Baths
  • 6,108 Sqft lot
  • Updated: August 1
  • Source:
    San Diego MLS  MLS#CV26148136

About the 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 flexi
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 Californias 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.
  • Property type

    Other

  • Floors

    2

Features

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9019 S San Pedro, Los Angeles, California, United States View on Google Maps
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REALTY ONE GROUP HOMELINK - Riverside

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REALTY ONE GROUP HOMELINK - Riverside
California, United States
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REALTY ONE GROUP HOMELINK - Riverside
Riverside, California, United States
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Last updated
August 1
First listed
Aug 1
Listing reference
CV26148136
Listing status
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