8129 S San Pedro Street, Los Angeles, CA 90003

Vacant Lot for Sale in Los Angeles – A Rare Gem with Multi-Residential Potential!Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce.The lot is zoned R-3, an easily accessible corner lot ,and it’s also TOC TIER 1 Eligible for higher density building incentives.Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved.Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city's growing demand for quality living spaces.