1631 Compton BlvdCompton, CA 90221

Property Details for 1631 Compton Blvd

Year built

1928

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

1,180 SF

Zone code

COCL**

Property type

Retail properties

Property subtype

Retail space

APN

6183-005-010

APU

6183005010

Description

This exceptional commercial property, located at 1631 Compton Boulevard in Compton, California, presents a compelling investment opportunity. The 1,180-square-foot building sits on a 0.12-acre lot (5,200 square feet), although title records indicate 4,300 square feet due to a previous alleyway inclusion that has since been incorporated into the property. This discrepancy offers potential for clarification and possibly increased value. The property is zoned COCL (limited commercial), providing a diverse range of permitted uses. Detailed information on permitted uses can be found at the provided link [link omitted as per instructions]. The building's size and lot dimensions offer ample space for various commercial ventures. Its location in Compton provides access to a substantial customer base and offers significant potential for growth and return on investment. The property is being offered at $600,000. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $427,403

  6.5%

  $394,526

  7%

  $366,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $948,519

  Geo Method

  $948,519

• Alternative Use

  Use

  Valuation

  Residential

  $332,797

  Hospitality

  $304,841

  Educational

  $253,624

  Medical

  $262,346

  Retail

  $394,526

Location Insight

City

Compton

County

Los Angeles

State

California

Latitude

33.8963

Longitude

-118.205

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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