411-413 Rosecrans AveCompton, CA 90221
- Retail properties
- 4,020 SF
Property Details for 411-413 Rosecrans Ave
- Year built
- 1977
- Lot size
- 0.33 AC
- Property size (Sq ft)
- 4,020 SF
- Property type
- Retail properties
- Property subtype
- Automotive properties
Description
This exceptional Compton investment opportunity presents two buildings totaling 4,020 square feet on a 0.33-acre lot (9,759 sq ft), zoned COCL (Mixed Use). Built in 1977, the property boasts 14-foot ceilings and has served as an automotive business for over 50 years, including the sale of the existing business. The property offers ample parking (2.19 spaces per 1,000 sq ft) and presents a compelling owner-user scenario or redevelopment potential within the thriving Compton market. A pro-forma cap rate of 6% is projected, based on area lease rates of approximately $1.00/SF NNN. The asking price is $1,499,000 ($372.89/sq ft). An adjacent 4,772 sq ft vacant lot may also be available. This Class C property features single tenancy and presents a unique chance to capitalize on the growing Compton market. The APN is 6167-010-023.
Location Insight
- City
- Compton
- County
- Los Angeles
- State
- California
- Latitude
- 33.9034
- Longitude
- -118.223
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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