548 Central AveCompton, CA 90220

  • Land
  • 0.58 AC
For Sale
$1,350,000 View listing

Property Details for 548 Central Ave

Year built
1965
Lot size
0.58 AC
Zone code
COCL*
Property type
Land
Property subtype
Commercial land
APN
6142-011-001
APU
6142011001

Description

This exceptional 26,400 square foot commercial land parcel presents a remarkable development opportunity in Compton, California. Located at the northeast corner of South Central Avenue and 156th Street, this fee simple property boasts a highly desirable location at a signalized intersection. The asking price is $1,350,000, translating to a land value of $60 per square foot. The property is zoned CL Commercial Limited, offering flexibility for a variety of commercial development projects. The convenient location places the lot in close proximity to the Woodley Airport in Compton, enhancing its appeal and potential for various commercial ventures. The property's APN is 6142-011-001 & 006. This vacant lot is ready for immediate development, making it an attractive investment for those seeking a prime commercial location in a growing area. The address is 548 S Central Ave, Compton, CA 90220. This is a rare opportunity to acquire a sizable, well-positioned commercial lot in Los Angeles County. The property's high visibility and strategic location make it ideal for a wide range of commercial uses. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,206,554
    Hospitality
    $6,601,164
    Educational
    $5,492,092
    Medical
    $5,680,973
    Retail
    $8,543,253
548 Central Ave, Compton, California

Location Insight

City
Compton
County
Los Angeles
State
California
Latitude
33.8915
Longitude
-118.25
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,997
$656,186
-
$656,186
-
-
-
-

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