9022 Compton Avenue, Los Angeles, CA 90002
List Price: $1.05M
Listing Status: Active
Original List Price: $1.18M
0Days on Market: 92
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1921
Lot Size: 6,414 sq ft
MLS Number: 26674001
About This Property
Great development opportunity in a high-demand South Los Angeles corridor. 6,414 SF lot zoned Commercial/Mixed-Use per Specific Plan, offering strong multifamily redevelopment potential. The site is currently improved with a 3,178 SF structure; however, the primary value is in the land. Preliminary concept plans propose a 5-story, 100% affordable multifamily project with up to 39 units, including a mix of one-bedroom, two-bedroom, and studio units, leveraging AB 2345 and transit-oriented incentives. No on-site parking required per AB 2097. Plans have been prepared by a licensed architect and submitted for preliminary planning review; buyer to continue entitlement process. Strategically located near the Firestone, Florence, and Slauson Metro Rail Stations, supporting higher-density infill development. Buyer to independently verify zoning, density, incentives, and all development assumptions. Property sold AS-IS for land value.
Listing provided by: Simon Shamoulia DRE #02188670 323-410-0848 simonshamoulia@hotmail.com, Beverly & Company Luxury Properties
Source: CRMLS, MLS #: 26674001
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.