1230 South Wilmington Avenue

Compton, CA 90220

$1,195,000
Price
18,945 / 0.43
Lot Size / Acres

Description

We are pleased to present an exceptional opportunity in the city of Compton, CA, with this prime 26-unit development site located off Wilmington Ave. Strategically located in a blooming area, this property offers immense potential for residential development. The property boasts a .43-acre lot at roughly 18,941 sqft of unentitled land. With ample space for a contemporary apartment complex, investors can envision a vibrant community tailored to meet modern lifestyle needs. The site is conveniently...We are pleased to present an exceptional opportunity in the city of Compton, CA, with this prime 26-unit development site located off Wilmington Ave. Strategically located in a blooming area, this property offers immense potential for residential development. The property boasts a .43-acre lot at roughly 18,941 sqft of unentitled land. With ample space for a contemporary apartment complex, investors can envision a vibrant community tailored to meet modern lifestyle needs. The site is conveniently located a half a mile north of the 91 freeway and is located in very close proximity to major employers, retail, and schools. This offering is being advertised for sale for the first time in over 50 years at only $63 per square foot -an attractive basis for any development project. Don't miss your chance to be part of Compton's evolving landscape with this promising investment opportunity.
  1. Listed by Jonathan Weir • DRE #02038545 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1230 South Wilmington Avenue

Zoning
COR3YY
Parcel Number
6162003021
Area
Compton S of Rosecrans, E of Central, W of Alameda (RP)
Lot Size Area
18945
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
6162-003-021
Directions
S Wilmington Ave & W Caldwell St

Location

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545
Add your commute
LISTING UPDATED: 05/28/2024 12:01 AM

Property Details for 1230 South Wilmington Avenue

StatusActive
MLS #24-395133
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.43 AC
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545
Add your commute

Building Information for 1230 South Wilmington Avenue

Lot Size0.43 AC

Payment Calculator

$7,533 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$1,011

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1230 South Wilmington Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.4349
  • Lot Size Square Feet: 18945
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-22-2024

Property History for 1230 South Wilmington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1230 South Wilmington Avenue

Taxable ValueLand$468,180Additions$166,464Total$634,644
Tax Record2023$12,129 ($1,011 / month)
Home Facts
Total Finished SqFt1,529 SqFtAbove Grade Finished SqFt1,529 SqFtLot Size18,941 SqFtStyleDuplexYear Built1926ZoningCOR3YYCountyLOS ANGELESAPN6162-003-021

Schools near 1230 South Wilmington Avenue

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Robert F. Kennedy Elementary School
PublicK to 8

Walton Middle School
Public6 to 8

Compton High School
Public9 to 12

Compton Community Day Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1230 South Wilmington Avenue is a 0.43 ac of land for sale in Compton, CA 90220. This property was listed for sale on May 20, 2024 by Marcus & Millichap, it's currently listed at $1,195,000. This listing's school district is Compton Unified School District. Nearby schools include Robert F. Kennedy Elementary School, Walton Middle School and Compton High School. 1230 South Wilmington Avenue is a 0-bed, 0-bath, 0.43 ac of land on a 18,945 sq. ft. / 0.43 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.