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2402 E 126th Street

Compton, CA 90222
  • $1,750,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: 24348857
UPDATED: 52 min ago
$1,750,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Filip Niculete of Marcus & Millichap (818-212-2700) and Glen Scher of Marcus & Millichap(818-212-2700)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T16:36:34.72. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/146717453
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2402 E 126th Street Compton, CA 90222

  • Price: $1,750,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 52 min ago
  • ID#: 24348857
0
Beds
0
Baths
0
½ Baths
0.46
Acres
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
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.
Exterior Features

Parking Total 0 View None View YN No

Property Features

Association YN No Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T16:36:34.72. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Filip Niculete of Marcus & Millichap (818-212-2700) and Glen Scher of Marcus & Millichap(818-212-2700)