536 E El Segundo new Save Request In-Person Tour Request Virtual Tour
Compton,CA 90222
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
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