2402 E 126th Street

Compton, CA 90222

– beds
– baths
– sqft
~1/2 acre lot
– on site

Affordable Housing Development Opportunity – 101 Units in Compton 2402 E 126th St presents a fully entitled 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.

Listed By CRMLS_CA / Massi Torabi / Nest Seekers CA Corp. / 818-268-8869

Last checked: Checking… • Last updated Feb 7, 2025 •

MLS# SR25027342 —

This property is listed in more than one place. See it here.

The Building

New Construction:

No

Location

Directions:

Take I-105 East, exit at Central Avenue, head north for about 2 miles, turn right onto E 126th Street, and the destination will be on your left.
Latitude:

33.91752400
Longitude:

-118.23013000

The Property

Property Type:

Land
Zoning:

LCR1YY
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

19833.0000
Lot Size Acres:

0.4553
Lot Size SqFt:

19833.00
Lot Size Source:

Assessor
View:

None
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5415.00
Tax Lot:

340

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6154001020

Utilities

Water Source:

Public

The Community

Features:

Park, Sidewalks, Urban
Association:

No
Senior Community:

No
Distance To Water Comments:

On property

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/6/25 Feb 6, 2025	Listed / Active	CRMLS_CA	$2,900,000	262.5% (162.6% / YR)
3/18/24 Mar 18, 2024	Relisted	BRIDGE
3/6/24 Mar 6, 2024	Pending	BRIDGE

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This land located in South LA, Willowbrook, CA 90222 is currently for sale for $2,900,000. 2402 E 126th Street is a – square foot land with – beds and – baths that has been on Estately for 50 days. 2402 E 126th Street is in the South LA neighborhood of Willowbrook and has a WalkScore® of 44, making it car-dependent. This land is in the attendance area of King Elementary School, Centennial High School, and Bunche Middle School.

Listing Courtesy of: CRMLS_CA and Nest Seekers CA Corp.. Based on information from California Regional Multiple Listing Service, Inc. as of 15:49 on Mar 28.

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.