Affordable Housing Development Opportunity – 101 Units in Compton 2402 E 126th St presents a 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 de
MLS #
CRSR25027342
MLS Source
California Regional MLS
Days on Site
98
HOA Fee
$0
Zoning
LX
Listing Agent
Massi Torabi
Nest Seekers CA Corp.
License #: 02178819
Phone: –
Co-Listing Agent
Imra Behnam
Nest Seekers
License #: 01912569
Phone: (310) 246-5193
2402 E 126th St is in Compton, CA 90222. This Land is currently priced at $2,900,000.
This address can also be written as 2402 E 126th St, Compton, CA 90222.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 28, 2025. For the most current information, please contact Massi Torabi