Property
| Ownership: | Land |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 19833 sq ft |
Financials
Price:$1,900,000
2402 E 126th Street, Compton, CA 90222
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. |
| Disclaimer: All information provided is deemed reliable but is not guaranteed. Buyers and investors are encouraged to conduct their own due diligence regarding zoning, permits, and development feasibility. |
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
