12
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$3,500,000
Est. payment /mo
1.83 Acres Lot
Price Dropped by $1.2M
403 S Santa Fe AVE Compton, CA 90221
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25085142
HOA Y/N No
Year Built 1948
Lot Size 1.828 Acres
Property Sub-Type Multi Family
Property Description
We are pleased to present a unique investment and redevelopment opportunity consisting of four contiguous parcels strategically located within the Compton Station Transit-Oriented Development (TOD) Specific Plan. This Specific Plan is designed to transform the area surrounding the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community.
Together, the properties encompass ±1.83 acres across nearly an entire city block, prominently located at the signalized intersection of S. Santa Fe Avenue and Myrrh Street. Existing improvements total ±15,156 square feet, comprised of two serviceable school facilities and an office/house, with one parcel currently not developed.
This offering presents investors with the rare opportunity to combine short-term income stability with long-term value creation in one of Los Angeles County's most promising transit-oriented growth corridors.
Property Breakdown:
403 S. Santa Fe Ave – Multipurpose Facility
Building: ±9,438 SF
Construction: Brick & Concrete
Condition: Serviceable
Lot Size: ±20,001 SF (±0.46 AC)
411 S. Santa Fe Ave – Multipurpose Facility
Building: ±4,402 SF
Construction: Wood & Stucco
Condition: Serviceable
Lot Size: ±30,004 SF (±0.69 AC)
435 S. Santa Fe Ave – Office/House
Building: ±1,316 SF
Construction: Wood & Stucco
Lot Size: ±9,999 SF (±0.23 AC)
445 S. Santa Fe Ave – Undeveloped Parcel
Building: 0 SF
Lot Size: ±19,622 SF (±0.45 AC)
Totals:
Existing Building Area: ±15,156 SF
Total Land Area: ±79,626 SF (±1.83 AC)
Key Highlights:
+ ±145 Units By-Right: Per the City of Compton, the location allows for 80 units per acre to be built and even more if density bonuses are applied for.
+ Zero Capital Gains Tax: The property is located within an opportunity zone, and provides developers the ability to avoid some or all of the Capital Gains upon the sale depending on the hold period.
+ Expedited Approval: Per the City of Compton, projects under 80 units only go through an Administrative Review, which allows for faster approval.
+ Transit Oriented Development: Compton's TOD areas benefit from financial incentives, tax credits, density bonuses, and grants, as well as streamlined approvals.
+ The property includes an income-producing component, helping offset predevelopment costs for investors
+ Must Sell - Motivated Seller
Together, the properties encompass ±1.83 acres across nearly an entire city block, prominently located at the signalized intersection of S. Santa Fe Avenue and Myrrh Street. Existing improvements total ±15,156 square feet, comprised of two serviceable school facilities and an office/house, with one parcel currently not developed.
This offering presents investors with the rare opportunity to combine short-term income stability with long-term value creation in one of Los Angeles County's most promising transit-oriented growth corridors.
Property Breakdown:
403 S. Santa Fe Ave – Multipurpose Facility
Building: ±9,438 SF
Construction: Brick & Concrete
Condition: Serviceable
Lot Size: ±20,001 SF (±0.46 AC)
411 S. Santa Fe Ave – Multipurpose Facility
Building: ±4,402 SF
Construction: Wood & Stucco
Condition: Serviceable
Lot Size: ±30,004 SF (±0.69 AC)
435 S. Santa Fe Ave – Office/House
Building: ±1,316 SF
Construction: Wood & Stucco
Lot Size: ±9,999 SF (±0.23 AC)
445 S. Santa Fe Ave – Undeveloped Parcel
Building: 0 SF
Lot Size: ±19,622 SF (±0.45 AC)
Totals:
Existing Building Area: ±15,156 SF
Total Land Area: ±79,626 SF (±1.83 AC)
Key Highlights:
+ ±145 Units By-Right: Per the City of Compton, the location allows for 80 units per acre to be built and even more if density bonuses are applied for.
+ Zero Capital Gains Tax: The property is located within an opportunity zone, and provides developers the ability to avoid some or all of the Capital Gains upon the sale depending on the hold period.
+ Expedited Approval: Per the City of Compton, projects under 80 units only go through an Administrative Review, which allows for faster approval.
+ Transit Oriented Development: Compton's TOD areas benefit from financial incentives, tax credits, density bonuses, and grants, as well as streamlined approvals.
+ The property includes an income-producing component, helping offset predevelopment costs for investors
+ Must Sell - Motivated Seller
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Interior
Fireplace No
Laundry None
Building
Lot Description Lot Over 40000 Sqft
Story 1
Water Public
Others
Tax ID 6179004030
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
Virtual Tour https://youtu.be/0apeUlMSwRY
Listed by Raymond Rodriguez Equity Union 818-581-5829
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