500 Oaks StCompton, CA 90221

  • Land
  • 0.25 AC
For Sale
$12,000,000 View listing

Property Details for 500 Oaks St

Lot size
0.25 AC
Zone code
COML*
Property type
Land
Property subtype
Other industrial land
APN
6167-013-021
APU
6167013021

Description

This exceptional 71,000 square foot industrial property, located at 500 E Oaks St, Compton, CA 90221, is offered at $12,000,000. The property sits on a substantial 139,032 square foot lot, providing ample space for various uses. Currently vacant upon close of escrow, this presents a unique opportunity for an owner-user seeking a light industrial space or a developer looking for a redevelopment project. The property is zoned for distribution, manufacturing, and warehouse purposes, offering considerable flexibility. The asking price of $12,000,000 translates to $169.01 per square foot, reflecting the property's strategic location in Los Angeles County and its significant size. Situated in Compton, California, this property benefits from convenient access to major transportation arteries, making it an ideal location for businesses requiring efficient logistics and distribution networks. The property's large lot size also offers potential for future expansion or additional development. This is a prime opportunity to acquire a substantial industrial property in a thriving Southern California market. Serious inquiries are encouraged.

500 Oaks St, Compton, California

Location Insight

City
Compton
County
Los Angeles
State
California
Latitude
33.909
Longitude
-118.219
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
$4,510
$247,436
-
$247,436
-
-
-
-

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