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7725 S San Pedro St - 7725 S Sand Pedro Ave Tier 1 TOC

0.37 Acres of Commercial Land Offered at $2,495,000 in Los Angeles, CA 90003

Executive Summary

Developers and Contractors here is your next T.O.C project located in South L.A. Transit Oriented Community allow 62 units or a full T.OC will allow up 66 units with the 50% density bonus and a parking reduction not to exceed 0.5 spaces per bedroom. Half of the alley can be used with the T.O.C guidelines , the back alley measures 127.5 ft. X 14ft. The location for this property is ideal with many employer's such as Sofi Stadium, Hollywood Park Casino and LAX at a short distance, not to mention the benefits for many parents to have Freemont gross High School located directly in front of the property. Currently there is a month to month tenant that pays $8,500 modified gross , which is ideal for a developer to collect good rent while going through planning

Property Facts

Price $2,495,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.37 AC

1 Lot Available

Lot

Price $2,495,000
Price Per AC $6,694,320
Lot Size 0.37 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6022-015-005
  • 6022-015-004
Land Assessment
$769,896
Improvements Assessment
$332,928
Total Assessment
$1,102,824

zoning

Zoning Code LAC2
LAC2
  • Listing ID: 29361155

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 7725 S San Pedro St, Los Angeles, CA 90003

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