Active

4615 E Alondra Boulevard

Compton CA, 90221

$2,100,000


$294.37 per sqft

Active

7,134 sqft

Commercial

Built in 1959

Listed by ERIC CHAVEZ with CHAVEZ & ASSOCIATES REBF, INC 213-999-0073

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.

CV20172522

MLS ID

August 22, 2020

Listed

August 31, 2023

Updated

Map

4615 E Alondra Boulevard
Compton CA, 90221

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.56 acres


Lot Features

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


Days on Market

946


Garage

No


Parking

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

Limited Commercial

Listing Contact: 213-999-0073 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/31/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/31/2023 at 2:05 AM UTC

 

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