403 S Santa Fe Avenue Compton, CA 90221
Other
MLS #: SR25085142
Courtesy Of Equity Union
Property InformationDescription
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
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
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: SR25085142
MAP & DIRECTIONS
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