9022 Compton AvenueLos Angeles, CA 90002
Los Angeles County
Description
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.
Property Information
- Property type
- Commercial Sale
- Year built
- 1921
- Building area
- 3,178 Sq Ft
- Lot size
- 0.15 acres
- Zoning
- LCC3*
- Days on market
- 210
- MLS® Listing#
- 26674001
Property Features
- Parcel number
- 6044006006
Directions
Compton Ave, north of E Manchester Ave and south of E 92nd St.
Listing Courtesy: Beverly & Company Luxury Properties - 3234100848
Presented by: Simon Shamoulia
Licensed in the state of California.
