332 W Laurel Street, Compton, CA 90220 | MLS SR25030910 | Listing Information | Nestfully
Listing Agent: Alec Petrossian - Alex Hartounian, 818-613-5471
FOR SALE
$729,000

332 W Laurel Street
Compton, CA 90220

5
Beds
3
Baths
2,097
Sq. Ft.
0.1787
Acres Lot
Single Family
63 days on Nestfully 16 views
This impressive 2097 sq.ft., two-story, 5-bedroom home sits on a large 7,784 sq.ft. lot. The property provides flexibility for remodeling into a custom single-family residence or for future expansion, zoned RH-3 by the City of Compton. The property has strong potential for residential development, including multiple units and an ADU. The sellers have already completed the design, architectural, and engineering processes to divide the property into two units: a 3-bed, 2-bath unit downstairs and a 2-bed, 1-bath unit upstairs. The city has advised that it has approved the plans for such a conversion and that building permits are in Ready To Issue (RTI) status. With its prime RH-3 zoning and building permits reportedly in RTI status, it offers excellent investment potential. This property is being sold as-is, and the sellers intend to sell the property as part of a 1031 exchange. This is exceptional potential for builders and developers. Don t miss out on this opportunity!
SR25030910
Single Family
5
2 Story
3 Full
1938
Los Angeles
0.1787 Acres
Public Water
2
Public Sewer
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Listing Agent: Alec Petrossian - Alex Hartounian, 818-613-5471
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