UPDATED:
11/07/2024 06:49 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 947 sqft
Price per Sqft $696
MLS Listing ID RS24193210
Bedrooms 2
Full Baths 1
Construction Status Additions/Alterations
HOA Y/N No
Year Built 1947
Lot Size 8,394 Sqft
Property Description
Attention investors and developers! Here’s your chance to capitalize on a prime property in Compton, zoned for high-density (1 home per 1,500 square feet). This means you can build up to 5 units on this generous lot! You can easily construct 3 additional units with just an administrative review, allowing for a quick turnaround, or go for the full 4 additional units with a special planning review, which may take up to 6 months. Given the ongoing housing shortage in LA County, this property is highly desirable. If you’ve been searching for the perfect investment opportunity, look no further—opportunities like this come once in a lifetime. This property offers first-time homebuyers a unique chance to purchase and watch your equity grow in no time. The existing home features 2 bedrooms and 1 bathroom, along with a bonus room currently used as a third bedroom, all within 947 square feet of living space. The expansive lot measures 8,395 square feet, providing ample room for your development plans. Don’t miss out on this exceptional opportunity—act now and make your investment dreams a reality!
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Zoning CORH*
Rooms
Main Level Bedrooms 1
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Driveway
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Roof Type Shingle
Accessibility Safe Emergency Egress from Home
Porch None
Parking Type Driveway
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Dwelling Type House
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories One
New Construction No
Construction Status Additions/Alterations
Schools
School District Compton Unified
Others
Senior Community No
Tax ID 6163012023
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to Existing Loan, Conventional, FHA 203(b), FHA
Listing Terms Cash, Cash to Existing Loan, Conventional, FHA 203(b), FHA
Special Listing Condition Standard
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