Hurry! Hurry! Incredible investment opportunity! This is exceptional potential for builders and developers. Don’t miss out on this one. An impressive 2097 sq.ft., two-story, 5-bedroom home sits on a large 7,784 sq.ft. lot. The property provides flexibility for remodeling into a custom single-family residence or for future expansion, zoned… Read More 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. Read Less
Property listed by Alex Hartounian, Alec Petrossian 818-613-5471
Listing Snapshot
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
2,097
Lot Size
0.18 Acres
Year Built
1938
MLS Number
SR25109963
30 Days Snapshot Of 90220
$625k
0%
(avg) sold price
11
-47%
homes sold
110
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1938, Levels: Two, Living area: 2097, 2 stories, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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