332 W Laurel, Compton, CA 90220

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Glen Henderson

[email protected] +1(619) 889-7646

$685,000

Est. payment - /mo

5 Beds

3 Baths

2,097 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,097 sqft

Price per Sqft $326

MLS Listing ID SR25109963

Bedrooms 5

Full Baths 3

Year Built 1938

Property Sub-Type Detached

Property Description

Huge price adjustment. Incredible investment opportunity! This is exceptional potential for builders and developers. Dont miss out on this one. An impressive 2097 sq.ft., two-story, 5-bedroom home sits on a large 7,784 sq.ft. flat lot. The property provides flexibility for remodeling into a custom single-family residence or for future expansion, zoned RH-3 by the City of Compton. The property has strong potential for residential development, including multiple units and an ADU. The sellers have already completed the design, architectural, and engineering processes to divide the property into two units: a 3-bed, 2-bath unit downstairs and a 2-bed, 1-bath unit upstairs. The city has advised that it has approved the plans for such a conversion and that building permits are in Ready to Issue (RTI) status. With its prime RH-3 zoning and building permits reportedly in RTI status, it offers excellent investment potential. This property is being sold as-is, and the sellers intend to sell the property as part of a 1031 exchange.

Location

State CA

County Los Angeles

Zoning COR3*

Direction West Almond st. , South Olender Ave.

Interior

Cooling Other/Remarks

Fireplace No

Laundry Washer Hookup, Gas & Electric Dryer HU

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

View City Lights

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 6160004006

Special Listing Condition Standard

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Listed by Alec Petrossian Alex Hartounian

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

332 W Laurel Compton, CA 90220

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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