UPDATED:
11/26/2024 04:25 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Contingent
Purchase Type For Sale
Square Footage 947 sqft
Price per Sqft $696
MLS Listing ID RS24193210
Style Detached
Bedrooms 2
Full Baths 1
Construction Status Additions/Alterations
HOA Y/N No
Year Built 1947
Lot Size 8,395 Sqft
Acres 0.1927
Property Description
THIS PROPERTY MAY QUALIFY FOR A $50,000 GRANT - For first-time home buyers! Attention investors and developers! Heres your chance to capitalize on a prime property in Compton, zoned for high-density (1 home per 1,500 square feet). This means you can build up to 5 units on this generous lot! You can easily construct 3 additional units with just an administrative review, allowing for a quick turnaround, or go for the full 4 additional units with a special planning review, which may take up to 6 months. Given the ongoing housing shortage in LA County, this property is highly desirable. If youve been searching for the perfect investment opportunity, look no furtheropportunities like this come once in a lifetime. This property offers first-time homebuyers a unique chance to purchase and watch your equity grow in no time. The existing home features 2 bedrooms and 1 bathroom, along with a bonus room currently used as a third bedroom, all within 947 square feet of living space. The expansive lot measures 8,395 square feet, providing ample room for your development plans. Dont miss out on this exceptional opportunityact now and make your investment dreams a reality!
Location
State CA
County Los Angeles
Area Compton (90220)
Zoning CORH*
Interior
Laundry Inside
Exterior
Exterior Feature Frame
Garage Spaces 2.0
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1 Story
Construction Status Additions/Alterations
Others
Monthly Total Fees $83
Acceptable Financing Cash, Conventional, FHA, Cash To Existing Loan
Listing Terms Cash, Conventional, FHA, Cash To Existing Loan
Special Listing Condition Standard
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