$2,900,000

2402 E 126th St Compton, CA 90222

0.5 acres
Land

Property details

About 2402 E 126th St

Affordable Housing Development Opportunity – 101 Units in Compton 2402 E 126th St presents a fully entitled 101-unit affordable housing project in a prime Compton location. The development includes 12 studio units and 89 one-bedroom units within a five-story wood-frame structure designed for efficiency, with no parking requirements, reducing both construction time and costs. Developers may also benefit from higher rental income by leasing to Section 8 tenants. Ideally located one block north of El Segundo Blvd, between Alameda St and Willowbrook Ave, the site offers convenient freeway access, including the 105 Freeway (1 mile north) and the 110 Freeway (2 miles west). The property is also just minutes from the Earvin "Magic" Johnson Recreation Area, a 104-acre park featuring picnic areas, soccer fields, and fishing lakes. Compton is undergoing a significant transformation through its Transit-Oriented Development (TOD) Specific Plan, aimed at revitalizing the Compton Transit Station into a vibrant mixed-use district with enhanced public spaces. With ongoing housing expansion and urban improvements, Compton is positioned as an attractive investment opportunity. The remaining architect and engineer contract costs, approximately $300,000, will be fully paid by the seller, ensuring a smoother development process. Estimated RTI approval: 5 to 8 months.

Highlights

Home typeOther
StatusActive
Lot size0.4553 Acres
MLS #SR25027342

Summary

  • MLS Number: SR25027342
  • MLS Name: CRMLS
  • Office Name: Nest Seekers CA Corp.
  • Office Phone: (818) 268-8869
  • Listing Agent: Massi Torabi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 7:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,900,000

2402 E 126th St

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Price information

Property sales

DateEventPrice
Sep 11, 2024
Home Sold
$1,480,000
Jun 28, 2023
Home Sold
$800,000

Tax history

YearAssessmentProperty Tax
2024$816,260$11,152
2023$536,679$7,728
2022$526,162$7,216
2021$515,851$7,354
2020$510,305$7,154
2019$500,300$6,759
2018$490,491$6,246
2017$461,753$6,246

History based on county public records data.

Nearby schools

6

Martin Luther King Elementary School

Public District PK-6

0.2 mi

2270 E 122nd St

5

Rosecrans Elementary School

Public District KG-6

0.9 mi

1301 N Acacia Ave

5

Lindbergh Elementary School

Public District PK-6

1.0 mi

3300 Cedar Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,883. Residents of Compton, CA typically earn less than $<35k each year. The most common type of family is single, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

55%
<35k
38%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

26%
Single, No Kids
35%
Single, with Kids
9%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
14%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2402 E 126th St

This home is located at 2402 E 126th St in Compton, CA and zip code 90222 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $2,900,000.

Compton, CA housing market in March 2025 saw over 12 listings sold above listed price, more than 7 sold at listed price and over 8 sold below. The number of listings in Compton, CA increased by 16.9% between February and March 2025. The median list price of listings available in March 2025 was $641,400, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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