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    2720 Compton Ave Los Angeles, CA 90011

    Sponsored
    For Sale
    $10,000,000

    ±73,206 SF lot, M1-1 zoning, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 73,206 square foot industrial lot, located at 2720 Compton Avenue in Los Angeles, California (zip code 90011), presents a significant development opportunity. The property, identified by APN 5117-001-014;-015;-016;-022;-024, is currently offered for sale by owner at $10,000,000. Zoned M1-1, it's ideally suited for a variety of uses, including the potential development of a cold storage facility. A build-to-suit option may also be considered. The large, fenced lot offers ample space and is conveniently located minutes from the 10 and 110 freeways, providing excellent access to major transportation arteries. Its previous use as school bus parking highlights its suitability for truck and auto parking, RV storage, or self-storage facilities. The property's open space and convenient location make it an attractive investment for developers seeking a prime location in Los Angeles. The property is owned by 2720 Compton Avenue, LLC.

    Property Features for 2720 Compton Ave

    General Information

    Property type
    Land

    HighLights

    • $10,000,000 asking price for 73,206 SF of industrial land.
    • M1‑1 zoning.
    • Located at 2720 Compton Ave, Los Angeles, CA 90011.
    • Fenced lot with development potential for cold storage or other uses (e.g., truck/auto parking, RV/self storage).
    • Excellent freeway access (near 10 and 110 freeways).
    Property Profile Location Intelligence

    Current Use by Public Records

    Tumbleweed Transportation School Bus Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.24785524
    Latitude
    34.01381773

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    FAQs

    What type of property is this?
    Land - ±73,206 SF lot, M1-1 zoning, development potential.
    Where is this land located?
    The property is located at 2720 Compton Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: $10,000,000 asking price for 73,206 SF of industrial land.; M1-1 zoning.; Located at 2720 Compton Ave, Los Angeles, CA 90011.
    Request Owner's contact information
    2720 Compton Ave Los Angeles, CA 90011
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    Los Angeles, CA 90011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2720 Compton Ave Los Angeles, CA 90011
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