1220 S Long Beach, Property Listing: MLS® #DW24164829

Attention builders and investors! Here's your chance to unlock the potential of a prime lot in a high-demand area. This property comes with a valuable Conditional Use Permit, allowing you to transform the commercially zoned land into a multi-family development. The approved project envisions a three-story building featuring four spacious 2-bedroom units and an attached 2-bedroom ADU. The first floor is designed to include six private car garages, providing ample parking, along with the ADU, offering flexibility and potential rental income. The second and third floors each house two well-designed 2-bedroom units, catering to modern living needs. This is an excellent opportunity for those looking to develop a property with great potential in a desirable location. With the Conditional Use Permit in hand, you're already ahead of the curvenow it's time to bring this project to life and maximize your return on investment. Dont miss out on this chance to create a standout multi-family development. The groundwork is set; all it needs is your vision and expertise!

1220 S Long Beach, Property Listing: MLS® #DW24164829 Close
Page Summary
REDUCED
  • MLS® #: DW24164829
  • 1220 S Long Beach
  • , CA 90221
  • $399,999
  • 7771 SqFt, 0.18 Acres
  • Office: Century 21 Allstars

Attention builders and investors! Here's your chance to unlock the potential of a prime lot in a high-demand area. This property comes with a valuable Conditional Use Permit, allowing you to transform the commercially zoned land into a multi-family development. The approved project envisions a three-story building featuring four spacious 2-bedroom units and an attached 2-bedroom ADU. The first floor is designed to include six private car garages, providing ample parking, along with the ADU, offering flexibility and potential rental income. The second and third floors each house two well-designed 2-bedroom units, catering to modern living needs. This is an excellent opportunity for those looking to develop a property with great potential in a desirable location. With the Conditional Use Permit in hand, you're already ahead of the curvenow it's time to bring this project to life and maximize your return on investment. Dont miss out on this chance to create a standout multi-family development. The groundwork is set; all it needs is your vision and expertise!

Supplemental Remarks

Essential Information

  • MLS® #DW24164829
  • Listing Price$399,999
  • Original Listing Price$599,999
  • List Price per Square Foot$51.47
  • Date ListedAugust 8th, 2024
  • Days on Market247
  • Square Footage7,771
  • Acres0.18
  • Lot Sq.Ft.7,771
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address1220 S Long Beach
  • AreaCOMPTON (90221)
  • CountyLos Angeles
  • StateCA
  • Zip Code90221

Exterior

  • Lot DescriptionCorner Lot, Sidewalks
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Listing information last updated on May 13th, 2025 at 7:53pm PDT.