403 S Santa Fe Avenue Active

Compton,CA 90221

$ 4675000

- Bed

- Bath

13840 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 13,840 sqft

Price per Sqft $337

MLS Listing ID CRSR25085142

Year Built 1948

Lot Size 1.828 Acres

Property Sub-Type Comm Ind For Sale

Property Description

We are pleased to present a unique investment and redevelopment opportunity consisting of four contiguous properties strategically located within the Compton Station Transit-Oriented Development (TOD) Specific Plan, which aims to transform the area surrounding the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community. Together, the 4 lots span nearly an entire city block, extending to the prominent, signalized corner of S. Santa Fe Avenue and Myrrh Street. Property Breakdown: + Eko Multipurpose Center – 403 S. Santa Fe Ave: Approximately 20,001 SF + Eko Multipurpose Center – 411 S. Santa Fe Ave: Approximately 30,004 SF + KSI Communications – 435 S. Santa Fe Ave: Approximately 9,999 SF + KSI Communications – 445 S. Santa Fe Ave: Approximately 19,622 SF 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 f

Location

State CA

County Los Angeles

Building

Water Public

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