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 curve—now it's time to bring this project to life and maximize your return on investment. Don’t miss out on this chance to create a standout multi-family development. The groundwork is set; all it needs is your vision and expertise!
Property Details
Property Features
Listing Office:
Office Name: Century 21 Allstars
Office Phone: (562) 646-6321
Listing Agent: Jose Perez
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.18 Acres
Other
Directions Information:
Directions: from 91 exit Long Beach Blvd and head north
Price Information
Listing Price Info
Price Summary:
List Price: $599,999
Tax Information:
Annual Amount: $4,619
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Compton, CA.
This property is $30K less 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: #DW24164829
Listing Office:
Office Name: Century 21 Allstars
Office Phone: (562) 646-6321
Listing Agent: Jose Perez
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: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 26, 2015
May 26, 2015Home Sold
$165,000
Oct 06, 2005
Oct 06, 2005Home Sold
$120,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,619
$227,331
2020
$4,002
$316,200
2019
$3,884
$177,768
2018
$3,324
$174,283
2017
$3,324
$141,294
History based on county public records data.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Augusta A. Mayo Elementary School
915 N Mayo Ave
Distance between this listing and this school0.27 miles
Public District Grades KG-5
6
/10
Stephen C. Foster Elementary School
1620 N Pannes Ave
Distance between this listing and this school0.38 miles
Public District Grades PK-5
4
/10
Helen Keller Elementary School
3521 Palm Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-6
Nearby Schools
5
/10
Theodore Roosevelt Elementary School
700 N Bradfield Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-8
6
/10
Thomas Jefferson Elementary School
2508 E 133rd St
Distance between this listing and this school1.05 miles
Public District Grades PK-8
6
/10
Franklin S. Whaley Middle School
14401 S Gibson Ave
Distance between this listing and this school1.09 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lifeline Education Charter
225 S Santa Fe Ave
Distance between this listing and this school0.79 miles
Public Charter Grades KG-12
4
/10
Compton High School
1200 E Alondra Blvd
Distance between this listing and this school1.12 miles
Public District Grades 9-12
3
/10
Cesar Chavez Continuation High School
15301 S San Jose Ave
Distance between this listing and this school1.68 miles
The neighbors living near this home have an average income of $34,583. The most common annual income of people living in Compton, CA is less than $35k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1220 S Long Beach Blvd
What is the listing price of this property?
The listing price of 1220 S Long Beach Blvd property is $599,999.
What type of property is this?
The property 1220 S Long Beach Blvd is land located in Compton, California, 90221.
Is this property for sale now?
Active Listing: 1220 S Long Beach Blvd 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 $4,619 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 26, 2015 for $165,000. (source: MLS/tax record).
How much acreage is this property?
The property 1220 S Long Beach Blvd is 0.18 acres.
Interested in 1220 S Long Beach Blvd? Let's connect.
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This home is located at 1220 S Long Beach Blvd in Compton, CA and zip code 90221 in the The Southeast neighborhood. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $599,999.
Over 24 listings were sold over their listed price in October 2024 in Compton, CA. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Compton, CA between September 2024 and October 2024 increased by 8.3%. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $630,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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