Description

Don’t miss out on this incredible investment opportunity in Los Angeles! This property features three existing units plus an unpermitted bonus unit already equipped with water, electricity, and a gas meter. The lot is zoned R-3, offering powerful redevelopment potential in a rapidly growing neighborhood. Don’t let the current low rents fool you—this is a value-add dream! You can build an ADU for additional passive income, or take full advantage of the R-3 zoning and rebuild the entire lot into a multi-family complex up to 45 feet tall. That means the potential for multiple new units and significantly higher income. The white multifamily building on E 95th Street and Compton Ave is a perfect example of what's possible here. This rare opportunity will not last. Savvy investors—don’t sleep on this deal! Drive by only, do not disturb tenants or enter the easement driveway. Sold As-is- Buyer to conduct all due diligence. Buyer are strongly encourage to independently verify zoning, development prospect, and required remediation with Los Angeles County.

Property details

Year built

1923

Property type

Residential Income

Lot size

6,759 sqft

Location

9536 Compton • Los Angeles, CA 90002

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Listed by

Christian Garcia · Big Block Powerhouse Realty

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Residential Income - 9536 Compton, Los Angeles, CA