1301 E Alondra Boulevard
Compton, CA, 90221
$625,000
MLS: 24359773
Beds
2
Baths
1
Sq Ft
1,223
Lot
0.24 ac
Year Built
1924
MLS #
24359773
Days on Market
10
Listed
Feb 19, 2024
Description
Calling all developers! Build multi-family units or retail, fast food, you name it. Fantastic development opportunity in Compton, zoned residential with limited commercial zoning overlay. This unique property presents an exciting chance for investors and developers to unleash their creativity in the heart of Compton. On nearly a 1/4 acre lot, this property boasts excellent visibility and accessibility, ideal for attracting both residents and customers. Situated in a highly desirable area of Compton, with great proximity to essential amenities, including shops, restaurants, schools, and transportation. This expansive lot provides ample space for versatile development options. Unlock the full potential of this property by exploring the possibilities of multi-unit residential or retail development. Capitalize on the bustling location by creating retail spaces that cater to the needs and desires of the local community. Don't miss out on this exceptional chance to make your mark in Compton's evolving landscape. Whether you're a seasoned investor or a visionary developer, seize the opportunity to turn this well priced property into a lucrative venture. Schedule a viewing today and unlock the endless possibilities awaiting at 1301 E Alondra Boulevard!
Location
Compton, Los Angeles County, CA 90221
Open on Google Maps ↗Listed by: Adam Brawer · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,811
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,626
- Property tax (1.25%)
- $651
- Homeowners insurance
- $300
- Mortgage insurance
- $234
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Compton home with as little as 3.5% down using an FHA loan — roughly $21,875 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Compton, CA 90221 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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