1105 Chester AveCompton, CA 90221

  • Healthcare properties
  • 3,795 SF
For Sale
$900,000 View listing

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1105 Chester Ave, Compton, California

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

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
$12,001
$40,826
$563,439
$604,265
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