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15200 Gibson Los Angeles CA 90221 ave

108,000 SF Specialty Building Offered at $12,000,000 in Compton, CA 90221

Investment Highlights

  • FULLY ENTITLED 108,000sf STATE OF THE ART STORAGE FACILITY
  • EXCELLENT FREEWAY VISIBILITY WITH TRAFFIC COUNTS 243,105 CARS PER DAY
  • SHOVEL READY WITH ALL PERMITS IN PLACE

Executive Summary

FULLY ENTITLED 108,000sf STATE OF THE ART STORAGE FACILITY
EXCELLENT FREEWAY VISIBILITY WITH TRAFFIC COUNTS 243,105 CARS PER DAY
The Ownership of the Gibson Storage Project are presenting to the market a fully entitled storage facility consisting of 108,000 square feet of structure. Development of this newly built storage facility will serve the South West Los Angeles sub-market as well as the northern region of the Long beach port areas. The development's projected pro forma income schedule will be an attractive option for any investor
looking to gain ownership in a stable cash flow investment with excellent long term returns projected.
CAP Rate Projection for disposition forecast in the attached OM is at a low projection of 5% for projected pricing upon completion/occupancy. Asset can comfortably sell in Los Angeles Market due to lack of inventory at a 4.5% CAP Rate equaling a value of $53,638,444 projected value.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $12,000,000
Price Per SF $111
Sale Type Owner User
Sale Conditions Redevelopment Project
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 1.85 AC
Construction Status Proposed
Building Size 108,000 SF
No. Stories 4
Year Built 2026
Opportunity Zone Yes

Amenities

  • Car Charging Station

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6180-024-015
  • 6180-024-004
  • 6180-024-017
  • 6180-024-005
  • 6180-024-020
  • 6180-024-019
Land Assessment
$1,074,684
Improvements Assessment
$0
Total Assessment
$1,074,684

zoning

Zoning Code CM (CM-COMMERCIAL MANUFACTURING SITE IS FULLY ENTITLED WITH ALL PERMITS PROCESSED - FEES TOTALLED @$1,000,000)
CM (CM-COMMERCIAL MANUFACTURING SITE IS FULLY ENTITLED WITH ALL PERMITS PROCESSED - FEES TOTALLED @$1,000,000)
  • Listing ID: 33435888

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 15200 Gibson Los Angeles CA 90221 ave, Compton, CA 90221

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