332 W Laurel Street Active

Compton,CA 90220

$ 729000

5 Beds

3 Baths

2097 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,097 sqft

Price per Sqft $347

MLS Listing ID CRSR25030910

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1938

Lot Size 7,784 Sqft

Acres 0.1787

Property Sub-Type Single Family Residence

Property Description

This impressive 2097 sq.ft., two-story, 5-bedroom home sits on a large 7,784 sq.ft. lot. The property provides flexibility for remodeling into a custom single-family residence or for future expansion, zoned RH-3 by the City of Compton. The property has strong potential for residential development, including multiple units and an ADU. The sellers have already completed the design, architectural, and engineering processes to divide the property into two units: a 3-bed, 2-bath unit downstairs and a 2-bed, 1-bath unit upstairs. The city has advised that it has approved the plans for such a conversion and that building permits are in Ready To Issue (RTI) status. With its prime RH-3 zoning and building permits reportedly in RTI status, it offers excellent investment potential. This property is being sold as-is, and the sellers intend to sell the property as part of a 1031 exchange. This is exceptional potential for builders and developers. Don’t miss out on this opportunity!

Location

State CA

County Los Angeles

Zoning COR3

Interior

Heating Floor Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Exterior Feature Backyard,Back Yard,Front Yard

Garage Spaces 2.0

Pool None

View Y/N true

View City Lights

Total Parking Spaces 2

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two Story

New Construction No

Schools

School District Compton Unified

Others

Tax ID 6160004006

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