1105 Chester AveCompton, CA 90221
- Healthcare properties
- 3,795 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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