1220 S Long Beach Blvd Compton, CA 90221
Estimated payment $2,640/month
Total Views
16,657
0.18
Acre
$2,242,147
Price per Acre
7,771
Sq Ft Lot
About This Lot
Attention builders and investors! Here's your chance to unlock the potential of a prime lot in a high-demand area. This property comes with a valuable Conditional Use Permit, allowing you to transform the commercially zoned land into a multi-family development.
The approved project envisions a three-story building featuring four spacious 2-bedroom units and an attached 2-bedroom ADU. The first floor is designed to include six private car garages, providing ample parking, along with the ADU, offering flexibility and potential rental income. The second and third floors each house two well-designed 2-bedroom units, catering to modern living needs.
This is an excellent opportunity for those looking to develop a property with great potential in a desirable location. With the Conditional Use Permit in hand, you're already ahead of the curve—now it's time to bring this project to life and maximize your return on investment.
Don’t miss out on this chance to create a standout multi-family development. The groundwork is set; all it needs is your vision and expertise!
Last Listed By
Century 21 Allstars Brokerage Phone: 562-646-6321 License #01316658 Listed on: 08/09/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,856
Lot Details
- 7,771 Sq Ft Lot
- Corner Lot
- Property is zoned COCL*
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 7302016011
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,856 | $241,244 | $241,244 | -- |
| 2023 | $4,809 | $236,514 | $236,514 | $0 |
| 2022 | $4,568 | $231,877 | $231,877 | $0 |
| 2021 | $4,619 | $227,331 | $227,331 | $0 |
| 2020 | $6,007 | $316,200 | $316,200 | $0 |
| 2019 | $4,003 | $177,768 | $177,768 | $0 |
| 2018 | $3,884 | $174,283 | $174,283 | $0 |
| 2016 | $3,278 | $138,524 | $138,524 | $0 |
| 2015 | $3,167 | $136,444 | $136,444 | $0 |
| 2014 | $3,119 | $133,772 | $133,772 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Price Changed | $399,999 | -33.3% | -- |
| 08/09/2024 08/09/24 | For Sale | $599,999 | +166.7% | -- |
| 02/19/2020 02/19/20 | Sold | $225,000 | -18.2% | -- |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 11/15/2019 11/15/19 | For Sale | $275,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $225,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $165,000 | Chicago Title | |
| Grant Deed | -- | Accommodation | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $120,000 | -- |
Source: Public Records
Similar Property in Compton, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24164829
APN: 7302-016-011
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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