332 W Laurel

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Incredible investment opportunity! This is exceptional potential for builders and developers. Don t miss out on this one. An 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 home located at 332 W Laurel is currently active and has been available on pardeeproperties.com for 31 days. This property is listed at $685,000. It has 5 beds and 3 bathrooms. The property was built in 1938. 332 W Laurel is in the Compton S of Rosecrans, E of Central,W of Alameda community of Los Angeles County.

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