Homes for sale - 2402 E 126th ST, Compton, CA 90222

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Massi Torabi • Nest Seekers CA Corp.

$2,900,000

Est. payment - /mo

0.46 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25027342

Lot Size 0.455 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Affordable Housing Development Opportunity - 101 Units in Compton 2402 E 126th St presents a 101-unit affordable housing project in a prime Compton location. The development includes 12 studio units and 89 one-bedroom units within a five-story wood-frame structure designed for efficiency, with no parking requirements, reducing both construction time and costs. Developers may also benefit from higher rental income by leasing to Section 8 tenants. Ideally located one block north of El Segundo Blvd, between Alameda St and Willowbrook Ave, the site offers convenient freeway access, including the 105 Freeway (1 mile north) and the 110 Freeway (2 miles west). The property is also just minutes from the Earvin "Magic" Johnson Recreation Area, a 104-acre park featuring picnic areas, soccer fields, and fishing lakes. Compton is undergoing a significant transformation through its Transit-Oriented Development (TOD) Specific Plan, aimed at revitalizing the Compton Transit Station into a vibrant mixed-use district with enhanced public spaces. With ongoing housing expansion and urban improvements, Compton is positioned as an attractive investment opportunity. The remaining architect and engineer contract costs, approximately $300,000, will be fully paid by the seller, ensuring a smoother de

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LX

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Building

Water District - Public

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Tax ID 6154001020

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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2402 E 126th ST Compton, CA 90222

JLee Broker

Key Details

Location

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