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ZIP CODE 90002

$745,000
2 Beds 2 Baths ACTIVE Status
This 1,128 SF duplex situated on a 9,046 SF R3 zoned lot in South Los Angeles perfect for an owner to live in one unit and rent out the other, a developer or investor. The property is zoned LA-R3 with a TOC Tier 1 designation per Zimas (buyer to do their own due diligence). The property may be delivered vacant at the close of escrow giving a new owner the ability to rehab, add an ADU/JADU or redevelop the property with up to approximately 17 units using the density bonuses provided. This offering will attract an investor/developer looking to take advantage of vacated duplex in an infill location. The subject property is located on the east side of Compton Ave. three parcels north of the intersection of 95th St. and Compton Ave. The offering is conveniently located less than 2 miles from the 110 freeway and approx. 1.5 miles from the 105 freeway. It is also approx. 1/2 a mile north of the Dr. Martin Luther King Jr. Shopping Center which includes tenants such as; Popeyes Louisiana Kitchen, Burger King, SoCal Gas, Subway, Food 4 Less, CVS, Citi Bank, just to name a few. Schools in the Area include Ninety-Sixth Street Elementary School, Ninety-Second Street Elementary School, Compton Avenue Elementary School, St. Lawrence of Brindisi School, Markham Middle School, Junior High School, Southeast Middle School, Charles Drew Middle School, Watts Learning Center Middle School, Thomas Riley High School, David Starr Jordan High School just to name a few. The property is located in a densely populated area of Los Angeles; with over 50,000 people residing within a 1-mile radius and over 500,000 people residing within a 3-mile radius.

9418 Compton Ave, Los Angeles

Courtesy of , Omid Saleh - CA DRE#

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