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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,900,000

Est. payment | -/mo

0.46 Acres Lot

Save

$ 1,900,000

Est. payment | -/mo

Save

0.46 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25027342

HOA Y/N No

Lot Size 0.455 Acres

Property Description

2402 E 126th St presents a well-designed multifamily development offering 47 units in total, including 37 residential apartments and 10 market-rate ADUs, in a prime Compton location. The residential apartment mix features 15 market-rate units (including the manager's unit) alongside 22 moderate-income units restricted at 80% Area Median Income (AMI), providing a balanced income profile for diverse renters. The 10 ADUs are all market-rate, enhancing flexibility and rental potential.

The project is thoughtfully planned as a three-story building with modern amenities, located near major freeways and the Magic Johnson Recreation Area, offering residents convenient access to transit and recreational facilities. The site benefits from transit proximity, and no parking is required per local incentives.

This opportunity appeals to developers and investors seeking a mix of income-restricted and market-rate housing in a growing Southern California market.

Disclaimer:
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

Interior

Fireplace No

Exterior

Community Features Park, Sidewalks, Urban

View Y/N No

View None

Building

Water Public

New Construction No

Others

Senior Community No

Tax ID 6154001020

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Massi Torabi Nest Seekers CA Corp. 818-268-8869, DRE #02178819

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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2402 E 126th ST Compton, CA 90222