12624 S Wilmington Avenue
Compton, CA, 90222
$3,495,000
Beds
0 Baths
SqFt
0.67 Acres
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We are pleased to offer this fourteen unit investment opportunity, located in the County of Los Angeles. The unit mix consists of two 1+1, eight 2+1, and four 3+2 units. The investment consists of approximately 12,122 of rentable square feet and is situated on two adjacent parcels totaling approximately 29,359 square feet. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building amenities include a large parking area with several spaces and driveway spots, an on-site laundry room generating additional income, and the property is separately metered for both gas & electricity. The 12700 Wilmington parcel is located in the H30 zone which allows you to build 30 units per acre of land. This allows a new investor to add five units by right and four additional ADUs (per county planner/buyer to verify).

Property Details

Price:
$3,495,000
MLS #:
25486383
Status:
Active
Baths:
0
Address:
12624 S Wilmington Avenue
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Compton
Listed Date:
Jan 20, 2025
State:
CA
ZIP:
90222
Lot Size:
29,359 sqft / 0.67 acres (approx)
Year Built:
1992
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12624 S Wilmington Avenue
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