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403 S Santa Fe Ave

compton, CA 90221

$3,500,000

    INTERESTED? LET'S CONNECT

    We are pleased to present a unique investment and redevelopment opportunity consisting of four contiguous parcels strategically located within the Compton Station Transit-Oriented Development (TOD) Specific Plan. This Specific Plan is designed to transform the area surrounding the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community.

    Together, the properties encompass ±1.83 acres across nearly an entire city block, prominently located at the signalized intersection of S. Santa Fe Avenue and Myrrh Street. Existing improvements total ±15,156 square feet, comprised of two serviceable school facilities and an office/house, with one parcel currently not developed.

    This offering presents investors with the rare opportunity to combine short-term income stability with long-term value creation in one of Los Angeles County’s most promising transit-oriented growth corridors.

    Property Breakdown:


    403 S. Santa Fe Ave – Multipurpose Facility
    Building: ±9,438 SF
    Construction: Brick & Concrete
    Condition: Serviceable
    Lot Size: ±20,001 SF (±0.46 AC)

    411 S. Santa Fe Ave – Multipurpose Facility
    Building: ±4,402 SF
    Construction: Wood & Stucco
    Condition: Serviceable
    Lot Size: ±30,004 SF (±0.69 AC)

    435 S. Santa Fe Ave – Office/House
    Building: ±1,316 SF
    Construction: Wood & Stucco
    Lot Size: ±9,999 SF (±0.23 AC)

    445 S. Santa Fe Ave – Undeveloped Parcel
    Building: 0 SF
    Lot Size: ±19,622 SF (±0.45 AC)

    Totals:
    Existing Building Area: ±15,156 SF
    Total Land Area: ±79,626 SF (±1.83 AC)


    Key Highlights:

    + ±145 Units By-Right: Per the City of Compton, the location allows for 80 units per acre to be built and even more if density bonuses are applied for.

    + Zero Capital Gains Tax: The property is located within an opportunity zone, and provides developers the ability to avoid some or all of the Capital Gains upon the sale depending on the hold period.

    + Expedited Approval: Per the City of Compton, projects under 80 units only go through an Administrative Review, which allows for faster approval.

    + Transit Oriented Development: Compton’s TOD areas benefit from financial incentives, tax credits, density bonuses, and grants, as well as streamlined approvals.

    + The property includes an income-producing component, helping offset predevelopment costs for investors

    + Must Sell - Motivated Seller

    Details

    13,840 Sq Ft

    1.828 Private Acres Exterior Space

    Commercial

    Built in 1948

    MLS/Listing ID SR25085142

    Listing Courtesy of EQUITY UNION, RAYMOND RODRIGUEZ - 866-582-7865

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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    Interested in 403 S Santa Fe Ave?