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$1,900,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
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.
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
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Listed by Massi Torabi Nest Seekers CA Corp. 818-268-8869
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Devin McNichol & Aaron Bernbach
Agent | License ID: 02038322
Agent License ID: 02038322