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Listed by Tony Lopez • Berkshire Hathaway HomeService
$ 660,000
Est. payment /mo
Pending
1311 South Willowbrook Avenue Compton, CA 90220
2 Beds
1 Bath
947 SqFt
UPDATED:
12/24/2024 05:45 PM
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 947 sqft
Price per Sqft $696
MLS Listing ID RS-24193210
Style Contemporary
Bedrooms 2
Full Baths 1
Year Built 1947
Lot Size 8,395 Sqft
Property Description
THIS PROPERTY MAY QUALIFY FOR A $50,000 GRANT - For first-time home buyers! Attention investors and developers! Here's your chance to capitalize on a prime property in Compton, zoned for high-density (1 home per 1,500 square feet). This means you can build up to 5 units on this generous lot! You can easily construct 3 additional units with just an administrative review, allowing for a quick turnaround, or go for the full 4 additional units with a special planning review, which may take up to 6 months. Given the ongoing housing shortage in LA County, this property is highly desirable. If you've been searching for the perfect investment opportunity, look no further--opportunities like this come once in a lifetime. This property offers first-time homebuyers a unique chance to purchase and watch your equity grow in no time. The existing home features 2 bedrooms and 1 bathroom, along with a bonus room currently used as a third bedroom, all within 947 square feet of living space. The expansive lot measures 8,395 square feet, providing ample room for your development plans. Don't miss out on this exceptional opportunity--act now and make your investment dreams a reality!
Location
State CA
County Los Angeles
Zoning CORH*
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Driveway
Garage Spaces 2.0
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description Level with Street, Lot 6500-9999
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944