2007 Compton BlvdCompton, CA 90221

Property Details for 2007 Compton Blvd

Year built

1964

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

8,466 SF

Zone code

COCL*

Property type

Office buildings

APN

6183-013-013

APU

6183013013

Description

This exceptional 8,466-square-foot retail property, located at 2007 E Compton Blvd in Compton, CA 90221, presents a unique investment opportunity. The property, classified as Class B, boasts a two-story building constructed in 1964, situated on a substantial 14,700-square-foot lot. Currently vacant, the entire space is available for lease. The building features ample parking with 50 spaces and a convenient elevator. Its zoning is commercial, and it's located in Los Angeles County. The property enjoys a highly desirable end-cap location on main E Compton Blvd, offering excellent visibility and accessibility. Its proximity to the 405 Freeway and LAX Airport provides unparalleled convenience. The property's location in the South Bay area offers strong potential for growth. The annual property taxes are $2.40 per square foot. The property can accommodate over 90 vehicles. Note that utilities, property expenses, and building services are not included in the lease rate. The building is in excellent condition.

• CAP approach

  CAP return

  Valuation

  6%

  $2,086,011

  6.5%

  $1,925,549

  7%

  $1,788,010

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,700,485

  Geo Method

  $2,700,485

• Alternative Use

  Use

  Valuation

  Residential

  $2,387,680

  Hospitality

  $2,187,102

  Educational

  $1,819,644

  Medical

  $1,882,224

  Retail

  $2,830,557

Location Insight

City

Compton

County

Los Angeles

State

California

Latitude

33.8964

Longitude

-118.201

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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