5
See all 5 photos
$599,999
Est. payment /mo
Active
1220 S Long Beach BLD Compton, CA 90221
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Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW24164829
Originating Board California Regional MLS
Lot Size 7,771 Sqft
Property Sub-Type Other Residential Land
Property Description
Attention builders and investors! Here's your chance to unlock the potential of a prime lot in a high-demand area. This property comes with a valuable Conditional Use Permit, allowing you to transform the commercially zoned land into a multi-family development. The approved project envisions a three-story building featuring four spacious 2-bedroom units and an attached 2-bedroom ADU. The first floor is designed to include six private car garages, providing ample parking, along with the ADU, offering flexibility and potential rental income. The second and third floors each house two well-designed 2-bedroom units, catering to modern living needs. This is an excellent opportunity for those looking to develop a property with great potential in a desirable location. With the Conditional Use Permit in hand, you're already ahead of the curve-now it's time to bring this project to life and maximize your return on investment. Don't miss out on this chance to create a standout multi-family development. The groundwork is set; all it needs is your vision and expertise!
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Zoning PRKG
Exterior
View None
Building
Water District - Public
Others
Tax ID 7302016011
Special Listing Condition Not Applicable
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Listed by Jose Perez • Century 21 Allstars