Compton, CA 90220,1230 S Wilmington AVE
Compton, CA 90220,1230 S Wilmington AVE
Compton, CA 90220,1230 S Wilmington AVE
4
$500,000
$1,195,000
58.2%
Est.Price: ?

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0.43 Acres Lot

1230 S Wilmington AVE Compton, CA 90220

Est. payment /mo
SOLD DATE : 07/12/2024

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Key Details

Sold Price $500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24395133

Sold Date 07/12/24

HOA Y/N No

Lot Size 0.435 Acres

Property Description

We are pleased to present an exceptional opportunity in the city of Compton, CA, with this prime 26-unit development site located off Wilmington Ave. Strategically located in a blooming area, this property offers immense potential for residential development. The property boasts a .43-acre lot at roughly 18,941 sqft of unentitled land. With ample space for a contemporary apartment complex, investors can envision a vibrant community tailored to meet modern lifestyle needs. The site is conveniently located a half a mile north of the 91 freeway and is located in very close proximity to major employers, retail, and schools. This offering is being advertised for sale for the first time in over 50 years at only $63 per square foot -an attractive basis for any development project. Don't miss your chance to be part of Compton's evolving landscape with this promising investment opportunity.

Location

State CA

County Los Angeles

Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala

Zoning COR3YY

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 6162003021

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jonathan Weir • Marcus & Millichap
Bought with Jonathan Weir • Marcus & Millichap

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Paco Licea

Broker | License ID: 01337048

+1(951) 213-9131

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