Attention builders and investors! Here's your chance to unlock the potential of a prime lot in a high-demand area. This property comes with a valuable Conditional Use Permit, allowing you to transform the commercially zoned land into a multi-family development. The approved project envisions a three-story building featuring four spacious 2-bedroom units and an attached 2-bedroom ADU. The first floor is designed to include six private car garages, providing ample parking, along with the ADU, offering flexibility and potential rental income. The second and third floors each house two well-designed 2-bedroom units, catering to modern living needs. This is an excellent opportunity for those looking to develop a property with great potential in a desirable location. With the Conditional Use Permit in hand, you're already ahead of the curve—now it's time to bring this project to life and maximize your return on investment. Don’t miss out on this chance to create a standout multi-family development. The groundwork is set; all it needs is your vision and expertise!
MLS #
CRDW24164829
MLS Source
California Regional MLS
Days on Site
132
HOA Fee
$0
Zoning
PRKG
1220 S Long Beach Bld is in Compton, CA 90221. This Land is currently priced at $599,999.
This address can also be written as 1220 S Long Beach Bld, Compton, CA 90221.©2024 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 August 09, 2024. For the most current information, please contact Jose Perez, (562) 646-6321