2402 E 126th ST Active Save Request In-Person Tour Request Virtual Tour
Compton,CA 90222
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25027342
Lot Size 0.455 Acres
Property Description
Value-Add Multifamily Opportunity – Newly Reduced Price
2402 E 126th St is a development site in Compton with a proposed—but not yet approved—plan for 47 units (37 apartments and 10 ADUs) in a modern three-story building. The listing price has been reduced from $2.9 million to $ 1.9 million. This is no longer a low-income or subsidized housing project, offering full market-rate flexibility. No parking is required due to transit proximity.
Centrally located near major freeways and the Magic Johnson Recreation Area, this site provides strong upside amid Compton's ongoing growth initiatives.
All architectural and engineering contracts have been prepaid by the seller for a streamlined permit process.
Plans are conceptual and not yet approved. Buyer is responsible for verifying all zoning, permits, and development feasibility independently.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCR1YY
Exterior
Community Features Park,Sidewalks,Urban
View Y/N No
View None
Building
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard