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$2,100,000

Est. payment - /mo

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0.98 Acres Lot

Active Under Contract

536 E El Segundo Compton, CA 90222

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Faby Llerandi

[email protected] +1(951) 520-0260

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25119569

HOA Y/N No

Year Built 1914

Lot Size 0.981 Acres

Lot Dimensions Public Records

Property Sub-Type Mixed Use

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 MH, ML

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

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

Total Parking Spaces 3

Private Pool No

Building

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

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6169024014

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Lease Land No

Listed by Chris Barker Yorkshire Realty [email protected]

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Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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