Listed by ERIC CHAVEZ, CHAVEZ & ASSOCIATES REBF, INC,

4615 E Alondra Boulevard

Compton, CA, 90221

$2,100,000

$294 per ft²
$2,100,000
$294 per ft²
Active
Active
 - For Sale
carpenters-square
7,134 ft²
property_type
Commercial
calendar
Built 1959
This opportunity consisting of 6 contiguous parcels of property zoned Limited Commercial "CL", consisting of a total of 24,185+/- square feet of semi-improved land, with two (2) Free Standing buildings that consist of one Single-Story 2,334+/- square feet – corner commercial building & one (2) Two-Story 4,800+/- square feet inline commercial building. APN: 6181-031-029; 6181-031-030; 6181-031-031; 6181-031-032; 6181-031-033; 6181-031-039. Developable land with 276+/- feet of frontage on the Alondra Boulevard. Developable land with 276+/- feet of frontage on the Alondra Boulevard. The subject property provides an annual rental income being the greater of $1,800 per year or 25% of the revenue per year for the existing billboard. ENTITLEMENTS: The Subject Property is currently unentitled and will require a landowner and/or land developer to apply for entitlements. Current zoning is Limited Commercial Zone (C-L) and provides for neighborhood, community, and regional retail business with a wide range of uses from Auto supply stores, Auto parking lots to Live work units. Subject Property is also located in an Opportunity Zone; Census Tract 5421.06. LOCATION: 4603-4617 E. Alondra Blvd (“Subject Property”) is Centrally located along Alondra Blvd west of 710 Long Beach Freeway, south of south of Interstate 105, less minutes of the 91 and with access to employment centers throughout the Los Angeles, Orange and San Diego counties. Property is subject to the termination of existing escrow and pending legal matter with current Buyer.
MLS® ID:
CV20172522
Listed:
8/21/20
Updated:
12/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None

Exterior/Building Features

Lot Size
0.56 acres lot
Lot Details
Corner Lot, Level, Near Public Transit, Rectangular Lot, Value In Land, Walkstreet

Other Property Details

Area Name
RO - Compton S of Rosecrans, E of Alameda
Garage
No
Parking
N
View
N
County
Los Angeles
Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source
Public
Pool
No
Total Stories
2
Zoning
Limited Commercial

Property History

Date
Event
Price
Value
9/28/22
Active
-
-
9/28/22
Price Change
$2,100,000
119%
7/26/22
Active Under Contract
-
-
7/14/22
Price Change
$1,754,000
-16%
3/19/22
Active
-
-
11/24/21
Active Under Contract
-
-
10/12/21
Price Change
$2,100,000
119%
10/12/21
Active
-
-

Courtesy of CHAVEZ & ASSOCIATES REBF, INC, ERIC CHAVEZ,
Listing Contact:  

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Data last updated 7:46 AM UTC, 12/1/22

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