332 W Laurel Street Active Save Request In-Person Tour Request Virtual Tour
Compton,CA 90220
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,097 sqft
Price per Sqft $347
MLS Listing ID SR25030910
Style Detached
Bedrooms 5
Full Baths 3
Year Built 1938
Lot Size 7,784 Sqft
Property Sub-Type Detached
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. Dont miss out on this opportunity!
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. Dont miss out on this opportunity!
Location
State CA
County Los Angeles
Area Compton (90220)
Zoning COR3*
Exterior
Garage Spaces 2.0
View City Lights
Building
Lot Description Sidewalks
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Standard