7514 Compton AveLos Angeles, CA 90001

Property Details for 7514 Compton Ave

Year built

1941

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

2,793 SF

Zone code

LCC3*

Property type

Specialty properties

Property subtype

Other specialty properties

APN

6021-014-003

APU

6021014003

Description

This exceptional retail property, located at 7514 Compton Ave in Los Angeles, CA 90001, presents a unique owner-user or investment opportunity. The 2,793 square foot building, constructed in 1941, sits on a 7,063 square foot lot (per public records) and is currently configured for a single tenant, occupied by the owner. The property boasts a desirable location in the Florence-Graham neighborhood of unincorporated South-Central Los Angeles, situated mid-block adjacent to a church and another restaurant. Its LC-C3 zoning (Los Angeles County, Regional/Unlimited Commercial Zoning) allows for diverse uses. The property offers a strong walkability score of 85, indicating convenient access to local amenities. While demographics and traffic counts are fair, the asking price of $900,000 ($322.23 per square foot) reflects the property's potential. The APN is 6021-014-003. This is an excellent chance to acquire a well-situated commercial property in a growing area. The building's single-tenant configuration provides immediate income potential for investors, while the flexible zoning caters to a variety of business ventures for owner-users. Don't miss this chance to own a piece of Los Angeles' vibrant commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $918,429

  Hospitality

  $841,276

  Educational

  $699,932

  Medical

  $724,004

  Retail

  $1,088,783

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.972

Longitude

-118.247

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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