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!
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MLS #
CRSR25030910
MLS Source
California Regional MLS
Days on Site
36
Kitchen
None
Fireplace
None
Laundry
None
Cooling
None
Heating
Floor Furnace
Pool
None
Garage/Parking
Garage: 2 Car(s)
Elementary District
Compton Unified
High School District
Compton Unified
HOA Fee
$0
Zoning
COR3*
332 W Laurel St is a Single Family Residence in Compton, CA 90220. This 2,097 square foot property sits on a 7,784 Sq Ft Lot and features 5 bedrooms & 3 full bathrooms. It is currently priced at $729,000 and was built in 1938.
This address can also be written as 332 W Laurel St, Compton, CA 90220.©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 February 15, 2025. For the most current information, please contact Alec Petrossian, (818) 613-5471