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500 E Oaks St - 500-526 E Oaks St & 1739 N Willow Ave

3.19 Acres of Industrial Land Offered at $12,000,000 in Compton, CA 90221

Investment Highlights

  • Over 3 acres of land able to be redeveloped..
  • Excellent access to major freeways, including the I-105, I-110, SR-91 and I-710.
  • Located within an Opportunity Zone, offering significant tax incentives.

Executive Summary

EXCELLENT REDEVELOPMENT POTENTIAL:
• Over 3 acres of land able to be redeveloped..
PRIME LOCATION:
• Great access to the Ports of LA and Long Beach as well as Downtown
LARGE LAND AREA:
• Approximately 139,000 square feet (±3.19 Acres) of industrial land.
SIGNIFICANT BUILDING SPACE:
• Approximately 71,000 square feet of industrial buildings.
OPPORTUNITY ZONE BENEFITS:
• Located within an Opportunity Zone, offering significant tax incentives.
STRATEGIC CONNECTIVITY:
• Excellent access to major freeways, including the I-105, I-110, SR-91 and I-710.
PUBLIC TRANSIT ACCESS:
• Served by the Metro Blue Line, providing convenient public transportation options.
ROBUST INDUSTRIAL SECTOR:
• Situated in a city known for its strong industrial infrastructure and strategic positioning within Los Angeles County.
HIGH POPULATION DENSITY:
• Within a five-mile radius, the population exceeds 700K with over 200K households.
GROWTH POTENTIAL:
• Compton is poised for continued growth, with planned developments and improvements.

Property Facts

Price $12,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 3.19 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $12,000,000
Price Per AC $3,761,755
Lot Size 3.19 AC

PROPERTY TAXES

PROPERTY TAXES

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

zoning

Zoning Code COML
COML
  • Listing ID: 32752542

  • Date on Market: 8/9/2024

  • Last Updated:

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

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