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8411 S San Pedro, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

8411 S San Pedro, Los Angeles, California 90003 home-pic-0
ACTIVE$425,000
8411 S San Pedro, Los Angeles, California 90003
0Bed
0Bath
1,200Sqft
5,170Lot
Year Built
1923
Close
-
List price
$425K
Original List price
$465K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
DW25260080
Home ConditionTear down
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $425.0K(2th), sqft - 1200(10th), beds - undefined(50th), baths - undefined(50th).

Fantastic development opportunity in a desirable area of Los Angeles. Existing structure is a former church in need of extensive repairs—value is primarily in the land. Zoned LAR4, this property allows for any use permitted in the “R3” Multiple Dwelling Zone, providing a wide range of redevelopment possibilities, including multi-family housing or apartment projects (buyer to verify all zoning and building requirements with the City). The lot offers ample space and strong potential for future development. Ideal for builders, investors, or developers seeking a prime site to create a new residential or mixed-use project in a growing neighborhood.

Price History

Date
Event
Price
12/11/25
Price Change
$425,000-8.6%
11/13/25
Listing
$465,000
08/09/17
Sold
$269,000
Condition Rating
Tear down
The property, built in 1923, is explicitly described as a 'former church in need of extensive repairs' with its 'value primarily in the land.' The property analysis confirms 'Extensive Structural Issues' and implies 'likely demolition.' The exterior images show a severely neglected and aged structure. There are no interior images, which, combined with the description, strongly suggests the interior is in an unlivable state. The property is marketed as a development opportunity, indicating the existing structure is beyond repair and its value is solely in the land.
Pros & Cons

Pros

Significant Development Potential: Positioned as a 'fantastic development opportunity' ideal for multi-family or apartment projects in a growing neighborhood.
Favorable LAR4 Zoning: The LAR4 zoning allows for R3 multiple dwelling uses, providing flexibility for high-density residential development.
Strategic Los Angeles Location: Situated in a 'desirable area of Los Angeles,' enhancing its appeal for future residential projects.
Generous Lot Size: The 5,170 sqft lot offers ample space for substantial redevelopment and maximizing unit count.
Recent Price Adjustment: A recent price reduction from $465,000 to $425,000 indicates increased motivation and potential for a competitive acquisition.

Cons

Extensive Structural Issues: The existing former church structure requires 'extensive repairs,' with value primarily in the land, implying a likely demolition and significant upfront cost.
Complex Due Diligence: Buyers are responsible for verifying all zoning and building requirements, which can be a time-consuming and complex process.
No Immediate Income Generation: The property is not currently habitable or income-producing, necessitating substantial investment before generating any return.

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