2402 E 126th St Compton, CA 90222
Estimated payment $6,231/month
Highlights
- 0.46 Acre Lot
- No HOA
- Bike Trail
About This Lot
Prime value-add and development opportunity in the Willowbrook/South LA market! Sitting on a massive 19,828 sq ft lot, this duplex property offers serious upside for investors, builders, and developers looking to capitalize on a high-demand rental corridor. The oversized parcel presents exceptional potential for expansion or redevelopment, including the possibility to add multiple units or pursue affordable housing development (buyer to verify all zoning, density, and building requirements). Large lots of this size are rare in the area, making this a standout opportunity for those seeking scale and long-term appreciation. Strategically located near major thoroughfares, freeways, and public transportation, this property is positioned for strong rental demand and future growth. Ideal for investors looking to maximize returns, unlock development potential, or execute a long-term hold strategy. Opportunities like this don’t come around often—act fast.
Listing Agent
Magic Realty Brokerage Phone: 818-635-3500 License #01066622 Listed on: 04/09/2026
Property Details
Property Type
- Land
Lot Details
- 19,833 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LCR1YY
Listing and Financial Details
- Tax Lot 340
- Assessor Parcel Number 6154001020
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
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 |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $999,999 | -47.4% | -- | |
| 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: GD26076388
APN: 6154-001-020
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Ask me questions while you tour the home.