1401 Walnut St Compton, CA 90220-5012
- Manufacturing properties
- 46,084 SF
- 2.10 lot acres
Dec 27, 2021
Current Use by Public Records
- CERATIZIT Los Angeles, LLC / Tool Manufacturer
Property Details for 1401 Walnut St
- Year built
- 1979
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.10 lot acres
- Property size
- 46,084 SF
- Zone code
- COMH*
- Property type
- Manufacturing properties
- APN
- 7319-029-044
- APU
- 7319029044
Description
This exceptional 50,252-square-foot industrial property in Compton, CA, is offered for sale at $17,500,000. The two-story building, constructed in 1979, features a concrete tilt-up design with a 22-foot clear height ceiling. The property boasts seven loading docks and one ground-level door, along with ample power (3,000 Amps, 480/277V). An 8,352-square-foot, two-story office space (4,176 square foot footprint) provides versatile accommodations, including an open floor plan, multiple conference rooms, private suites, a CEO office, and a large break room. Situated on a 91,476-square-foot lot at the corner of Walnut St and Walnut Park Way, the property includes 76 parking spaces. Zoned COMH (Compton Heavy Manufacturing), this location is ideal for manufacturing, warehousing, or distribution. Its strategic location offers easy access to major freeways, including the 91 Freeway, and proximity to key transportation hubs like LAX and the Ports of Los Angeles and Long Beach. This owner-user investment opportunity presents a rare chance to acquire a highly sought-after asset in a thriving industrial area with low vacancy rates. The property's features and location make it an attractive option for businesses seeking to establish or expand their operations in a prime Southern California location. The building's robust infrastructure and ample space cater to a variety of industrial needs, ensuring long-term value and potential for growth.
Value Estimations
-
AI approach
- Estimation
- $11,165,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,525,000
- 6.5%
- $11,560,000
- 7%
- $11,890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,600,000
- Geo Method
- $12,155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $11,670,000
- Retail
- $10,075,000
- Mixed-Use
- $9,745,000
- Hospitality
- $11,900,000
- Educational
- $8,955,000
- Residential Income
- $10,090,000
- Energy
- $11,495,000
- Income-Based Land
- $11,585,000
- Food Service
- $10,225,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.246
- Latitude
- 33.876
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
