1105 Chester AveCompton, CA 90221

Property Details for 1105 Chester Ave

Year built

1970

Construction

TILT-UP CONCRETE

Lot size

0.18 AC

Property size (Sq ft)

3,795 SF

Zone code

COCL*

Property type

Medical offices

Property subtype

Medical centers

APN

6167-021-011

APU

6167021011

Description

This exceptional 3,795 square foot medical office building presents a unique investment opportunity in Compton, California. Strategically located on a 0.18-acre corner lot on Rosecrans Avenue, this property boasts unparalleled visibility and accessibility within a thriving healthcare community. The building features a gated entrance with seven on-site parking spaces, ensuring both security and convenience for staff and patients. The interior layout is meticulously designed for medical use, including seven patient rooms, four bathrooms, five offices, three storage rooms, a fully equipped kitchen, a nurse's station, a reception area, a foyer, and a lobby. The property's recent roof replacement ensures long-term reliability and minimizes future maintenance costs. Its proximity to other medical facilities and hospitals guarantees a steady flow of potential clients. This property is ideal for both owner-occupancy and securing a long-term tenant, offering significant potential for return on investment. The asking price is $900,000. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a high-growth area. Don't miss out on this chance to establish or expand your medical practice or secure a valuable investment property.

• CAP approach

  CAP return

  Valuation

  6%

  $935,083

  6.5%

  $863,154

  7%

  $801,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,210,529

  Geo Method

  $1,210,529

• Alternative Use

  Use

  Valuation

  Residential

  $1,070,310

  Hospitality

  $980,398

  Educational

  $815,680

  Medical

  $843,733

  Retail

  $1,268,836

Location Insight

City

Compton

County

Los Angeles

State

California

Latitude

33.9037

Longitude

-118.216

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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