12624 S Wilmington Ave new

Compton,CA 90222

$ 3495000

30 Beds

18 Baths

12122 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,122 sqft

Price per Sqft $288

MLS Listing ID 25-486383

Bedrooms 30

Year Built 1992

Lot Size 0.674 Acres

Property Description

We are pleased to offer this fourteen unit investment opportunity, located in the County of Los Angeles. The unit mix consists of two 1+1, eight 2+1, and four 3+2 units. The investment consists of approximately 12,122 of rentable square feet and is situated on two adjacent parcels totaling approximately 29,359 square feet. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building amenities include a large parking area with several spaces and driveway spots, an on-site laundry room generating additional income, and the property is separately metered for both gas & electricity. The 12700 Wilmington parcel is located in the H30 zone which allows you to build 30 units per acre of land. This allows a new investor to add five units by right and four additional ADUs (per county planner/buyer to verify).

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LCR3*

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Ceiling Fan

Equipment None

Exterior

Parking Features Driveway

Garage Spaces 14.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

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