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!
Property Type
LandCounty
Los AngelesStyle
LandAD ID
46606570
Sell a home like this and save $35,501 Find Out How
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1784
- Lot Size Source: Assessor
- Lot Size Square Feet: 7771
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Listing Information
Listing Price Information
- Original List Price: 599,999
- Listing Contract Date: 2024-08-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 7302016011
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RO - Compton S of Rosecrans, E of Alameda
- Directions: from 91 exit Long Beach Blvd and head north
- Zoning: COCL*
- Source Property Type: Land
- Area: RO - Compton S of Rosecrans, E of Alameda
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 09/16/2024 @ 15:33
- MLS: DW24164829
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,771 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Compton , in zip code 90221, this Los Angeles County Land are nearby neighborhoods.