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$1,900,000
SR25027342 MLS Active Status
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.

2402 E 126th Street, Compton

$1,195,000
12 Beds 6 Baths 24430359 MLS Active Status
Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building was replaced within the last two years and the concrete repaired. A new secure 4 station mailbox was installed in the last two years. There is a laundry room on site that was never utilized. Excellent opportunity to get to a 8.0 cap with laundry addition and increased rents. Do NOT disturb Tenants.

204 N Spring Avenue, Compton

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.