Rare Grandfathered Automotive/Development
Market Price
411-413 East Rosecrans Avenue, Compton, CA 90221
4,000 sqft
Building Size
9,759 sqft
Lot Area
Details:
Description:
PROPERTY FEATURES 411-413 E Rosecrans Ave comprises two buildings on two parcels of approximately 4,000 Square Feet of improvements set on 9,759 SF of Land. The property has been used as automotive for over 50 years. Ideal for an owner/user or a developer with insight into the growing Compton Market. Sale will include the business. Zoning allows for Mixed Use. An Additional 4,772 SF adjacent vacant corner lot may be made available as well. Lease rates in the area are approximately $1.00/SF NNN, making this a 6 CAP Proforma.
AREA AMENITIES. Good freeway access; just 2 miles from the 710 , 91, & 105 Freeways. Less than 3/4 of a mile form downtown Compton. Excellent Demographics: Over 35,000 people reside within a 1-mile radius & Just under 300,000 people reside within a 3-MILE radius. The subject site is one block from The Children’s Institute 3 miles from Downtown Compton, the Compton Courthouse, & City Hall.
Documents:
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Investment Flyer
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Location
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