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2402 E 126th Street Compton, CA 90222
$2,900,000 0 beds, 0 baths
0 sqft
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Affordable Housing Development Opportunity – 101 Units in Compton 2402 E 126th St presents a 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
List price is $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: 4/28/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.917524, -118.230130.
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Listing Agent: Massi Torabi
Co Listing Agent: Imra Behnam
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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