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Multi-Family

2402 E 126th

2402 E 126th St, Compton, CA 90222

Listing Price: $1,750,000

Lot Size
0.46 acres
Price/Acre
$3,844,563
Land Type
Land
Buildable Square Feet
62,673

Investment Overview

Marcus & Millichap is pleased to present 2402 E 126th St, a 100% affordable development project for 101 units in Compton, CA. The project comprises 12 studio units and 89 one-bedroom units, designed with 5 wooden frame stories, with no parking requirements. This will reduce both the time and cost to build. The developer can potentially rent to Section 8 tenants, which will generate higher rents.

The location of the project is ideal, as it is situated one block north of El Segundo Blvd, midway between Alameda Street and Willowbrook Avenue. The Century (105) Freeway is just a mile to the north, and the Harbor (110) Freeway is two miles to the west. The Earvin "Magic" Johnson Recreation Area, which spans 104 acres, is also just minutes away. It offers family picnic areas, soccer fields, and beautiful fishing lakes.

The City of Compton is currently working on a Transit Oriented Development (TOD) Specific Plan. This plan aims to turn the Compton Transit Station area into a dynamic mixed-use village with access to improved public spaces. By developing TOD communities and additional housing projects, Compton is set to become an appealing location to purchase a home. The city is located in a central area with ample space for future expansion.

Investment Highlights

  • Build 101 Low Income Units
  • 100% Affordable Project
  • No Parking Requirements
  • Potential for Section 8 Tenants
  • Zoned R-3

Exclusively Listed By

Financing By

Multi-Family

2402 E 126th

Listing Price: $1,750,000

Lot Size
0.46 acres
Price/Acre
$3,844,563
Land Type
Land
Buildable Square Feet
62,673

Investment Highlights

  • Build 101 Low Income Units
  • 100% Affordable Project
  • No Parking Requirements
  • Potential for Section 8 Tenants
  • Zoned R-3

Investment Overview

Marcus & Millichap is pleased to present 2402 E 126th St, a 100% affordable development project for 101 units in Compton, CA. The project comprises 12 studio units and 89 one-bedroom units, designed with 5 wooden frame stories, with no parking requirements. This will reduce both the time and cost to build. The developer can potentially rent to Section 8 tenants, which will generate higher rents. The location of the project is ideal, as it is situated one block north of El Segundo Blvd, midway between Alameda Street and Willowbrook Avenue. The Century (105) Freeway is just a mile to the north, and the Harbor (110) Freeway is two miles to the west. The Earvin "Magic" Johnson Recreation Area, which spans 104 acres, is also just minutes away. It offers family picnic areas, soccer fields, and beautiful fishing lakes. The City of Compton is currently working on a Transit Oriented Development (TOD) Specific Plan. This plan aims to turn the Compton Transit Station area into a dynamic mixed-use village with access to improved public spaces. By developing TOD communities and additional housing projects, Compton is set to become an appealing location to purchase a home. The city is located in a central area with ample space for future expansion.

Exclusively Listed By

Financing By

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