2402 E 126th Street, Compton, CA 90222 - Berkshire Hathaway HomeServices California Properties
Phone310-890-6928
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2402 E 126th Street, Compton, CA 90222

$2,900,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Massi Torabi | massi@agentmassi.com
Lic#: 02178819
Broker: Courtesy of Nest Seekers CA Corp.

Co Listing Agent


Imra Behnam | imraB@nestseekers.com
Lic#: 01912569
Broker: Courtesy of Nest Seekers

Agent Remarks

Affordable Housing Development Opportunity – 101 Units in Compton 2402 E 126th St presents a fully entitled 101-unit affordable housing project in a prime Compton location. The development includes 12 studio units and 89 one-bedroom units within a five-story wood-frame structure designed for efficiency, with no parking requirements, reducing both construction time and costs. Developers may also benefit from higher rental income by leasing to Section 8 tenants. Ideally located one block north of El Segundo Blvd, between Alameda St and Willowbrook Ave, the site offers convenient freeway access, including the 105 Freeway (1 mile north) and the 110 Freeway (2 miles west). The property is also just minutes from the Earvin "Magic" Johnson Recreation Area, a 104-acre park featuring picnic areas, soccer fields, and fishing lakes. Compton is undergoing a significant transformation through its Transit-Oriented Development (TOD) Specific Plan, aimed at revitalizing the Compton Transit Station into a vibrant mixed-use district with enhanced public spaces. With ongoing housing expansion and urban improvements, Compton is positioned as an attractive investment opportunity. The remaining architect and engineer contract costs, approximately $300,000, will be fully paid by the seller, ensuring a smoother development process. Estimated RTI approval: 5 to 8 months.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SR25027342
Price: $2,900,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.46 acres
Lot size: 0.4553
County: Los Angeles
Zoning: LCR1YY
MLS area: 699 - Not Defined

Last Updated: 2/7/2025

 Days On Market (DOM): 65

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.917524, -118.230130.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
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