3 months on rocket

2402 E 126th St, Compton, CA, 90222

$1,695,000

0.46 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #24348857
Lot Size0.46 Acres
StatusActive

About 2402 E 126th St

We are pleased to present 2402 E 126th St, a 100% affordable development project for 101 units in Compton, CA. The project comprises 12 studio units and 89 one-bedroom units, designed with 5 wooden frame stories, with no parking requirements. This will reduce both the time and cost to build. The developer can potentially rent to Section 8 tenants, which will generate higher rents.The location of the project is ideal, as it is situated one block north of El Segundo Blvd, midway between Alameda Street and Willowbrook Avenue. The Century (105) Freeway is just a mile to the north, and the Harbor (110) Freeway is two miles to the west. The Earvin "Magic" Johnson Recreation Area, which spans 104 acres, is also just minutes away. It offers family picnic areas, soccer fields, and beautiful fishing lakes.The City of Compton is currently working on a Transit Oriented Development (TOD) Specific Plan. This plan aims to turn the Compton Transit Station area into a dynamic mixed-use village with access to improved public spaces. By developing TOD communities and additional housing projects, Compton is set to become an appealing location to purchase a home. The city is located in a central area with ample space for future expansion.

Property Details

Property Features

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Filip Niculete

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Other

Directions Information:

  • Directions: one block north of El Segundo Blvd, midway between Alameda St and Willowbrook Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000

Tax Information:

  • Annual Amount: $7,354
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Compton, CA.

Med. Sold Price

$599K

Med. Price/SqFt

$520

Avg. Days On Market

44

# of Sold Homes

38

2402 E 126th St vs Compton

92 DAYS ON ROCKET

+48 Days

$1,695,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Compton, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24348857

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Filip Niculete

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: 4/19/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,354$515,851
2020$7,154$510,305
2019$6,759$500,300
2018$6,247$490,491
2017$6,247$461,753

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-347809
5
/10
  • Martin Luther King Elementary School

  • 2270 E 122nd St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-347810
6
/10
  • Anderson Elementary School

  • 2210 E 130th St

  • 0.27 miles

  • Public District Grades KG-6

school-card-donut-347811
5
/10
  • Rosecrans Elementary School

  • 1301 N Acacia Ave

  • 0.93 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,883. Most Compton, CA residents have annual incomes less than $35k. The most common type of family is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2402 E 126th St

What is the listing price of this property?

The listing price of 2402 E 126th St property is $1,695,000.

What type of property is this?

The property 2402 E 126th St is land located in Compton, California, 90222.

Is this property for sale now?

Active Listing: 2402 E 126th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,354 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2402 E 126th St is 0.46 acres.
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Rocket HomesCaliforniaLos Angeles CountyCompton902222402 E 126th St

This home is located at 2402 E 126th St in Compton, CA and zip code 90222 in the South LA neighborhood. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $1,695,000.

Compton, CA housing market in March 2024 saw over 22 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. In March 2024 in Compton, CA there were 5.8% more homes for sale than in February 2024. In March 2024 median list price was $599,000 and the average listing age was 44 days.

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

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