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$ 3,495,000
Est. payment /mo
Active
12624 -12700 S Wilmington AVE Compton, CA 90222
30 Beds
18 Baths
12,122 SqFt
UPDATED:
01/28/2025 01:29 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,122 sqft
Price per Sqft $288
MLS Listing ID 25486383
Bedrooms 30
HOA Y/N No
Year Built 1992
Lot Size 0.674 Acres
Property Description
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).
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LCR3*
Interior
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 14
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6152001004
Special Listing Condition Standard
Listed by Griffin White • BRC Advisors- BH