9022 Compton Avenue, Los Angeles, CA 90002
- $1,050,000
- List Price
- $1,050,000
- Price Change
- ▼ $125,000 1783483802
- Status
- ACTIVE
- MLS#
- 26674001
- Year Built
- 1921
- Lot Size
- 6,414
- Acres
- 0.15
- Days on Market
- 153
- Property Type
- Commercial
Property Description
Great development opportunity in a high-demand South Los Angeles corridor. 6,414 SF lot zoned Commercial/Mixed-Use per Specific Plan, offering strong multifamily redevelopment potential. The site is currently improved with a 3,178 SF structure; however, the primary value is in the land. Preliminary concept plans propose a 5-story, 100% affordable multifamily project with up to 39 units, including a mix of one-bedroom, two-bedroom, and studio units, leveraging AB 2345 and transit-oriented incentives. No on-site parking required per AB 2097. Plans have been prepared by a licensed architect and submitted for preliminary planning review; buyer to continue entitlement process. Strategically located near the Firestone, Florence, and Slauson Metro Rail Stations, supporting higher-density infill development. Buyer to independently verify zoning, density, incentives, and all development assumptions. Property sold AS-IS for land value.
/u.realgeeks.media/myhomeseekers/jose-new-square2.png)
Additional Information
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Simon Shamoulia (simonsellsla@gmail.com) from Listing Office: Beverly & Company Luxury Properties.
Mortgage Calculator
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.