2402 E 126th Street, Compton, CA 90222 | MLS 24348857 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
Off Market
$1,695,000  

2402 E 126th Street
Compton, CA 90222

Land
Land Lot
0.4552
Acres Lot
Listing Agent: Filip Niculete CalDRE: 01905352 - Marcus & Millichap
We are pleased to present 2402 E 126th St, a 100% affordable development project for 101 units in Compton, CA. The project comprises 12 studio units and 89 one-bedroom units, designed with 5 wooden frame stories, with no parking requirements. This will reduce both the time and cost to build. The developer can potentially rent to Section 8 tenants, which will generate higher rents.The location of the project is ideal, as it is situated one block north of El Segundo Blvd, midway between Alameda Street and Willowbrook Avenue. The Century (105) Freeway is just a mile to the north, and the Harbor (110) Freeway is two miles to the west. The Earvin "Magic" Johnson Recreation Area, which spans 104 acres, is also just minutes away. It offers family picnic areas, soccer fields, and beautiful fishing lakes.The City of Compton is currently working on a Transit Oriented Development (TOD) Specific Plan. This plan aims to turn the Compton Transit Station area into a dynamic mixed-use village with access to improved public spaces. By developing TOD communities and additional housing projects, Compton is set to become an appealing location to purchase a home. The city is located in a central area with ample space for future expansion.
24348857
Land, Other
Los Angeles
0.4552 Acres
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Zoning
R3
Financial Considerations
6154001020
Listing Agent: Filip Niculete CalDRE: 01905352 - Marcus & Millichap
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