332 W Laurel St, Compton, CA 90220 | For Sale

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For Sale $729,000 ($347.64 per Sq Ft)

$729,000 ($347.64 per Sq Ft)
  • (0)
  • 5 Bedrooms
  • 3 Bathrooms
  • 2,097 Sq Ft
  • 7,784 Sq Ft

Description

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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $729,000
Property Type Single Family Homes
Usable Sqft 2,097
Number of Stories 2 stories
Parking Spots 2 spots
Year Built 1938
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 6160004006
MLS # SR25030910
Property ID 292188343
Lot Sqft 7,784
Zoning COR3*
Total Units 1
Days on Market 7
Original List Price $729,000
Date Updated February 15, 2025
Date Created February 11, 2025
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Listing Provided By

Alec Petrossian an agent of . Lic #01864433


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 15, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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