CA > Compton
Compton, CA 90222,530 E El Segundo BLVD
Compton, CA 90222,530 E El Segundo BLVD
Compton, CA 90222,530 E El Segundo BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,975,000
Est. payment /mo
0.98 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25117225

HOA Y/N No

Year Built 1914

Lot Size 0.981 Acres

Property Sub-Type Multi Family

Property Description

We are pleased to present 530-536 E El Segundo Blvd. This offering consists of two adjoining parcels totaling approximately one acre of flat, usable land in Compton, CA. This unique asset offers countless possibilities for an investor, developer, or end-user. Both parcels are zoned for manufacturing and in a qualified opportunity zone. The property is centrally located between several major freeways and along the Alameda Corridor, with easy access to the port of Los Angeles and port of Long Beach. Nearby properties include logistics operations and manufacturing facilities. An alleyway spans the east side of the property for greater accessibility. The two parcels currently contain nine residential units, two of which will be delivered vacant. All remaining tenants are month-to-month. Compton does not have its own tenant protection ordinance, so an owner may raise rents and terminate tenancies pursuant to state law. An owner-user can occupy some units and lease out the rest. A multi-family investor can remodel and re-rent all of the units to achieve an 8.6% CAP or higher. Or the property can be redeveloped in a variety of ways.

Location

State CA

County Los Angeles

Area Rn - Compton N Of Rosecrans, E Of Central

Zoning Manufacturing

Interior

Fireplace No

Laundry Inside

Exterior

Fence Good Condition, Wrought Iron

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Lot Description 6-10 Units/Acre, Corner Lot, Lot Over 40000 Sqft, Street Level

Story 1

Water Public

Others

Tax ID 6169024012

Special Listing Condition Standard

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CRMLS – RECore
Listed by Chris Barker Yorkshire Realty chris@yorkshirere.com

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