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$ 4,675,000
Est. payment /mo
New
403 S Santa Fe AVE Compton, CA 90221
1.83 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25085142
HOA Y/N No
Year Built 1948
Lot Size 1.828 Acres
Property Sub-Type Multi Family
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:
+ Potential development opportunity totaling over ±1.82 acres
+ Located within the Compton Station Transit Oriented Development, which allows for a maximum of 100 units per acre
+ The City of Compton plans to transform the area around the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community and encourage the development of affordable high-density housing.
+ The neighborhood corridor of the specific plan allows for a diverse range of redevelopment possibilities, including low, medium, and high-density multifamily housing, providing flexibility for various development strategies.
+ 435 & 445 S. Santa Fe is currently leased at a rate of $10,000 p/mo, expiring July of 2026
+ 403 & 411 S. Santa Fe possession available at the close of escrow
This is a rare opportunity to acquire a substantial footprint within the Transit-Oriented Development boundaries of Compton Station. It offers significant potential for investors and developers looking to capitalize on Compton's growth and proximity to major transit corridors.
The City of Compton has been actively pursuing transit-oriented development (TOD) plans to revitalize areas adjacent to its Metro stations. Two significant initiatives in this regard are the Artesia Station Specific Plan and the Compton Station Transit-Oriented Development Specific Plan.
Compton Station Transit-Oriented Development Plan: Cover approximately 570 acres around the Compton Station at Willowbrook Avenue and Compton Boulevard, focusing on three key "Downtown" nodes: Civic Center, Commercial Core, and Historic Core/Compton Boulevard East.
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:
+ Potential development opportunity totaling over ±1.82 acres
+ Located within the Compton Station Transit Oriented Development, which allows for a maximum of 100 units per acre
+ The City of Compton plans to transform the area around the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community and encourage the development of affordable high-density housing.
+ The neighborhood corridor of the specific plan allows for a diverse range of redevelopment possibilities, including low, medium, and high-density multifamily housing, providing flexibility for various development strategies.
+ 435 & 445 S. Santa Fe is currently leased at a rate of $10,000 p/mo, expiring July of 2026
+ 403 & 411 S. Santa Fe possession available at the close of escrow
This is a rare opportunity to acquire a substantial footprint within the Transit-Oriented Development boundaries of Compton Station. It offers significant potential for investors and developers looking to capitalize on Compton's growth and proximity to major transit corridors.
The City of Compton has been actively pursuing transit-oriented development (TOD) plans to revitalize areas adjacent to its Metro stations. Two significant initiatives in this regard are the Artesia Station Specific Plan and the Compton Station Transit-Oriented Development Specific Plan.
Compton Station Transit-Oriented Development Plan: Cover approximately 570 acres around the Compton Station at Willowbrook Avenue and Compton Boulevard, focusing on three key "Downtown" nodes: Civic Center, Commercial Core, and Historic Core/Compton Boulevard East.
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Interior
Fireplace No
Laundry None
Building
Lot Description Lot Over 40000 Sqft
Story 1
Water Public
Others
Tax ID 6179004030
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
Virtual Tour https://youtu.be/0apeUlMSwRY
Listed by Raymond Rodriguez • Equity Union • 818-581-5829