519 E Oaks St - Residential LAND FOR SALE


Compton, CA 90221 21,780 SF
$808,000 USD
213-747-4151
519 E Oaks St, Compton, CA for Sale
$808,000 USD
Residential LAND - FOR SALE
1/11
21,780 SF

519 E Oaks St
Compton, CA 90221


HIGHLIGHTS

  • Apartment Investment Purchase Opportunity
  • 3 Stand Alone Buildings Totaling 2,220 SF on 21,780 SF of Land
  • $4,840 Current Monthly Income (Mo.-Mo.)
  • Pro Forma $50,274 NOI with 6.22% Cap Rate
  • Just West of Santa Fe Avenue & 3 Blocks North of Rosecrans Ave
  • Buyer to Confirm All Details and Allowed Uses

OVERVIEW

Price reduced! Apartment investment opportunity. Current below market rent with month-to-month tenant income. Current $4,840 monthly income. Pro forma $50,274 NOI with 6.22% cap rate. Three stand alone buildings: 2,220 SF home office on 21,780 SF contractor's yard land. Buildings are ideal for an investor or buyer can occupy one of the buildings for a home office for a contractor business. Rent out the other two buildings for investment income. Legal non-conforming use is currently a triplex with three 2-bedroom residential units. Located just west of Santa Fe Avenue and 3 blocks north of Rosecrans Avenue. One mile south of the Century (105) Freeway. Zoning code 30-14.4 may allow: Accessory storage of automobiles (in operating condition); building materials (excluding rock, gravel, and sand storage in excess of 2,000 tons); equipment, lumber, pipe, wood, cabinet and carpentry shops; carpet cleaning; pest control operator.

FOR SALE DETAILS

PRICE

$808,000 USD

PRICE/ACRE

$1,616,000/AC

PRICE/SF

$37 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Contractor Storage Yard, Industrial Live/Work Unit, Parking Lot

LAND ACRES

0.5 AC

LAND SF

21,780 SF

OFFSITE IMPROVEMENTS

-

ZONING

CO M-L

APN/PARCEL ID

6169-031-008

ASK ABOUT THIS PROPERTY

Jeff LusterMajor PropertiesMore Info
213-747-4151

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Jeff LusterMajor PropertiesMore Info
213-747-4151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.