1220 S Long Beach Boulevard

Compton, CA 90221

$599,999

List Price

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Property 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!

Listing Information

List Price $599,999
Status Active
MLS DW24164829
HOA $0
Type Land
Lot Size 7,771
Structure Size N/A
DOM 4
Courtesy Of Century 21 Allstars
Listing Agent Jose Perez DRE#01316658

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Jose Perez, Century 21 Allstars . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 9th, 2024 at 8:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.