339 Compton BlvdCompton, CA 90220

Property Details for 339 Compton Blvd

Year built

1928

Construction

TILT-UP CONCRETE

Lot size

0.07 AC

Property size (Sq ft)

2,700 SF

Zone code

COCL*

Property type

Office properties

Property subtype

Office buildings

APN

6157-017-093

APU

6157017093

Description

This exceptional 11,730-square-foot storefront property at 339 W Compton Blvd in Compton, CA, presents a remarkable investment opportunity. Built in 1920 and situated on a 19,602-square-foot lot (APN: 6157-017-091, 6157-017-092, 6157-017-093, 6157-017-094, 6157-017-095), this retail space is currently undergoing a complete refurbishment. The property boasts a prime location, strategically positioned near four major freeways (110, 105, 710, and 91) along the high-traffic Compton Boulevard, ensuring excellent visibility and accessibility. Its proximity to Compton City Hall further enhances its desirability. The property includes 20 parking spaces, a significant advantage in this area. Zoned COCL, this versatile space offers a wide range of potential uses, including schools, childcare facilities, restaurants, bars, clubs, educational institutions, gyms, fitness centers, healthcare facilities, and offices. This is an ideal opportunity for investors seeking a high-return property in a rapidly developing area. The building's current renovation promises a modern and updated space ready for a variety of commercial ventures. The substantial lot size also offers potential for future expansion or development.

• CAP approach

  CAP return

  Valuation

  6%

  $667,855

  6.5%

  $616,482

  7%

  $572,447

• Comparable approach

  Method

  Valuation

  Relative Method

  $861,246

  Geo Method

  $861,246

• Alternative Use

  Use

  Valuation

  Residential

  $764,438

  Hospitality

  $700,221

  Educational

  $582,575

  Medical

  $602,611

  Retail

  $906,228

Location Insight

City

Compton

County

Los Angeles

State

California

Latitude

33.8962

Longitude

-118.228

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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