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500-526 E Oaks St

71,000 SF Industrial Building Compton, CA 90221 $12,000,000 ($169/SF)

Investment Highlights

  • Excellent Redevelopment Potential: Over 3 acres of land able to be redeveloped.
  • Strategic Connectivity: Excellent access to major freeways, including the I-105, I-110, SR-91 and I-710.
  • Robust Industrial Sector: Situated in a city known for its strong industrial infrastructure and strategic positioning within Los Angeles County.
  • Prime Location: Great access to the Ports of LA and Long Beach as well as Downtown
  • Public Transit Access: Served by the Metro Blue Line, providing convenient public transportation options.
  • High Population Density: Within a five-mile radius, the population exceeds 700K with over 200K households.

Executive Summary

NAI Capital is pleased to present an exceptional opportunity to purchase a combined industrial property located at 500-526 E Oaks Street and 1739 N Willow Ave, Compton. Together, these properties offer approximately ±139,000 square feet (±3.19 Acres) of land and approximately ±71,000 square feet of industrial buildings, situated in a highly strategic Compton location within an Opportunity Zone.
The City of Compton, home to over 96K residents and approximately 24K households, is known for its robust industrial sector and strategic positioning within Los Angeles County. Within a five-mile radius of the property, the population exceeds 700K, with over 200K households, providing a substantial customer and labor base for businesses.
Compton offers an advantageous location for industrial activities, featuring excellent connectivity to major freeways, including the I-105, I-110, SR-91, and I-710, facilitating efficient transportation and logistics operations. The city is also served by the Metro Blue Line, providing convenient public transit options.
Additionally, being located in an Opportunity Zone, these properties offer significant tax incentives for investors looking to maximize returns while contributing to the economic development of the area.
Compton is poised for continued growth, with planned developments and improvements enhancing its appeal as a prime industrial hub. The city’s proactive approach to economic development, coupled with its strategic location and ample resources, makes this combined property an exceptional opportunity for industrial investors and users.
Property will be delivered vacant and free of any leases at the close of escrow.

Property Facts

Price $12,000,000
Price Per SF $169
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.19 AC
Rentable Building Area 71,000 SF
No. Stories 1
Year Built 1954
Tenancy Single
Parking Ratio 1.41/1,000 SF
Clear Ceiling Height 17’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Lighting - Fluorescent

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Load N Ship
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Load N Ship - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6167-014-023
  • 6167-013-021
  • 6167-014-027
  • 6167-014-021
Land Assessment
$3,181,350
Improvements Assessment
$353,475
Total Assessment
$3,534,825

zoning

Zoning Code ML (COML Industrial Vacant Land, and Light Manufacturing as well as potential for multi-family development.)
ML (COML Industrial Vacant Land, and Light Manufacturing as well as potential for multi-family development.)
  • Listing ID: 32916277

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 500-526 E Oaks St, Compton, CA 90221

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