Prime opportunity to acquire a 100% vacant, recently renovated 8,466 SF free-standing Retail/Office Building in the heart of Los Angeles - Located in an Opportunity Zone! The first and second floors contain approximately 12 office suites, shared restrooms on both levels, and an elevator. This multi-tenant, two-story building, built in 1964 and renovated/upgraded in 2022/2024, sits on a 13,467 SF lot (total size with adjacent parcel), and is ideal for medical offices, educational institutions, professional workspaces, or retail businesses. Featuring secured gated entry, high-end finishes, ample parking, contemporary lobby with floor-to-ceiling windows, new rooftop HVAC systems. Prime street frontage on E Compton Blvd with over 20,000 VPD. The property features 24 dedicated parking spaces, providing convenient access for tenants and visitors. This building would appeal to an Owner/User seeking to occupy the top or bottom floor and rent out the suites for income.
MLS# | 25511337 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 44 |
Listing Provided By | Keller Williams Studio City 818-432-1500 | David Weinberger |
SQ Feet | 8,466 |
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Story(s) | 2 |
Units | 12 |
Building(s) | 1 |
Zoning | COCL* |
Acreage | 0.31 |
State | CA |
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County | Los Angeles |
City | Compton |
Zip Code | 90221 |
Area | RO Compton S of Rosecrans | E of Alameda |
Listing VS Median (in 90221) | |
Price: $1,795,000 low | high Med: $689,000 SqFt: 8,466 low | high Med: 2,699 $ / SqFt: $212 low | high Med: $255 On site: 44 low | high Med: 36.000000 |