2402 E 126th St Compton, CA 90222
Estimated payment $10,923/month
Highlights
- 0.46 Acre Lot
- No HOA
- Park
About This Lot
2402 E 126th St presents a well-designed multifamily development offering 47 units in total, including 37 residential apartments and 10 market-rate ADUs, in a prime Compton location. The residential apartment mix features 15 market-rate units (including the manager’s unit) alongside 22 moderate-income units restricted at 80% Area Median Income (AMI), providing a balanced income profile for diverse renters. The 10 ADUs are all market-rate, enhancing flexibility and rental potential.
The project is thoughtfully planned as a three-story building with modern amenities, located near major freeways and the Magic Johnson Recreation Area, offering residents convenient access to transit and recreational facilities. The site benefits from transit proximity, and no parking is required per local incentives.
This opportunity appeals to developers and investors seeking a mix of income-restricted and market-rate housing in a growing Southern California market.
Disclaimer:
Plans are conceptual and not yet approved. Buyer is responsible for verifying all zoning, permits, and development feasibility independently.
Listing Agent
Nest Seekers CA Corp. Brokerage Phone: 818-268-8869 License #02178819 Listed on: 02/06/2025
Property Details
Property Type
- Land
Lot Details
- 0.46 Acre Lot
- Property is zoned LCR1YY
Location
- Urban Location
Listing and Financial Details
- Tax Lot 340
- Assessor Parcel Number 6154001020
- $816,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Map
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 |
|---|---|---|---|---|
| 2025 | $11,153 | $1,480,000 | $1,480,000 | -- |
| 2024 | $11,153 | $816,000 | $612,000 | $204,000 |
| 2023 | $7,728 | $536,419 | $465,190 | $71,229 |
| 2022 | $7,216 | $525,902 | $456,069 | $69,833 |
| 2021 | $7,354 | $515,591 | $447,127 | $68,464 |
| 2020 | $7,212 | $510,565 | $442,543 | $68,022 |
| 2019 | $7,154 | $500,560 | $433,866 | $66,694 |
| 2018 | $6,759 | $490,751 | $425,359 | $65,392 |
| 2016 | $6,123 | $452,700 | $396,117 | $56,583 |
| 2015 | $5,804 | $445,901 | $390,167 | $55,734 |
| 2014 | $6,397 | $388,583 | $321,262 | $67,321 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $1,900,000 | -34.5% | -- | |
| 02/06/2025 02/06/25 | For Sale | $2,900,000 | +262.5% | -- | |
| 06/28/2023 06/28/23 | Sold | $800,000 | +14.4% | $543 / Sq Ft | View Prior Sale |
| 05/25/2023 05/25/23 | Pending | -- | -- | -- | |
| 05/11/2023 05/11/23 | For Sale | $699,000 | -- | $475 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,480,000 | Chicago Title Company | |
| Grant Deed | $800,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | Provident Title Co | |
| Gift Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $860,000 | New Conventional | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $110,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25027342
APN: 6154-001-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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