503 E Weber Ave Compton, CA 90222
- Office buildings
- 10,408 SF
- 0.50 lot acres
Current Use by Public Records
- Cuevas Mattress Inc / Manufacturer
Property Details for 503 E Weber Ave
- Year built
- 1954
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.50 lot acres
- Property size
- 10,408 SF
- Zone code
- COMH-B*
- Property type
- Office buildings
- APN
- 6169-019-002
- APU
- 6169019002
Description
This exceptional 10,808-square-foot industrial warehouse, located at 503 E Weber Ave, Compton, CA 90222, presents a unique investment opportunity. Situated on a one-acre lot (43,535 square feet), this Class B property boasts a single-tenant occupancy and is fully vacant, ready for immediate use. Built in 1954 and extensively renovated in 2018, the building features a 14-foot ceiling height, providing ample vertical space for storage and operations. Access is convenient with three drive-in doors and ample parking for ten vehicles. The property also includes a newly constructed 33,000-square-foot concrete yard, fully enclosed for enhanced security and operational efficiency. An 800-square-foot remodeled office space is included, providing functional administrative space. The property's power supply is rated at 400 amps. The property's address is further identified by its cross street, Alameda St, and its Assessor's Parcel Number (APN) is 6169-019-002. This warehouse is ideally suited for a variety of industrial uses, including warehousing, manufacturing, and distribution. Its strategic location in Compton, California offers excellent access to major transportation arteries, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. The property is a single-story building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,745,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,375,000
- 7%
- $2,390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,885,000
- Geo Method
- $2,460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,970,000
- Retail
- $2,985,000
- Mixed-Use
- $2,420,000
- Hospitality
- $2,990,000
- Educational
- $3,060,000
- Residential Income
- $3,075,000
- Energy
- $2,335,000
- Income-Based Land
- $2,745,000
- Food Service
- $2,755,000
Location Insight
- Map
- Local Demand
- City
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.221
- Latitude
- 33.9206
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
