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Key Details
Sold Price $500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24395133
Sold Date 07/12/24
HOA Y/N No
Lot Size 0.435 Acres
Property Description
We are pleased to present an exceptional opportunity in the city of Compton, CA, with this prime 26-unit development site located off Wilmington Ave. Strategically located in a blooming area, this property offers immense potential for residential development. The property boasts a .43-acre lot at roughly 18,941 sqft of unentitled land. With ample space for a contemporary apartment complex, investors can envision a vibrant community tailored to meet modern lifestyle needs. The site is conveniently located a half a mile north of the 91 freeway and is located in very close proximity to major employers, retail, and schools. This offering is being advertised for sale for the first time in over 50 years at only $63 per square foot -an attractive basis for any development project. Don't miss your chance to be part of Compton's evolving landscape with this promising investment opportunity.
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Zoning COR3YY
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 6162003021
Special Listing Condition Standard
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Bought with Jonathan Weir • Marcus & Millichap