$1,900,000
About this home
2402 E 126th St presents a well-designed multifamily development offering 47 units in total, including 37 residential apartments and 10 market-rate ADUs, in a prime Compton location. The residential apartment mix features 15 market-rate units (including the manager’s unit) alongside 22 moderate-income units restricted at 80% Area Median Income (AMI), providing a balanced income profile for diverse renters. The 10 ADUs are all market-rate, enhancing flexibility and rental potential. The project is thoughtfully planned as a three-story building with modern amenities, located near major freeways and the Magic Johnson Recreation Area, offering residents convenient access to transit and recreational facilities. The site benefits from transit proximity, and no parking is required per local incentives. This opportunity appeals to developers and investors seeking a mix of income-restricted and market-rate housing in a growing Southern California market. Disclaimer: Plans are conceptual and not yet approved. Buyer is responsible for verifying all zoning, permits, and development feasibility independently.
Facts & features
- Lot size
- 0.455 acres (19,833 sq ft)
- Area
- 699 - Not Defined
- County
- Los Angeles
- Community features
- Park, Sidewalks, Urban
- Status
- Active
- Property type
- Land
- Days on market
- 214
- Listed
- 2025-02-05
- Original price
- $2,900,000
- Terms
- Cash, Cash To New Loan
- Parcel #
- 6154001020
- MLS #
- SR25027342
