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29964024

531 E Oaks St, Compton, CA 90221

TK
CA 01210428
Korus Real Estate
Listed by Korus Real Estate
$784,000
101 days on market
Updated 19 days ago
Opportunity zone

COMPTON APARTMENT & WAREHOUSE USER/INVESTMENT OPPORTUNITY

Details
Property Type Industrial, Land (+3)
Sub Type Apartment Building, Single Family Rental Portfolio (+1)
Square Footage 2,220
Units 2
Price per SqFt $353
Year Built 1946
Buildings 2
Stories 1
Lot Size (SqFt) 21,780
Zoning ML - Limited Manufacturing
Investment Type Owner/User
Ceiling Height 13

Month to Month Income: 21,780 sf Land + 2,220 SF Freestanding Apartment and Warehouse Buildings

Marketing description

  • 2 stand-alone buildings on 21,780± SF of land

  • Ideal to occupy one of the buildings for a home office for a contractor business

  • Rent out the other building for investment income

  • Legal non-conforming use is currently a front three bed and 3/4 bath front residential unit

  • $3,700 current monthly income (month-to-month two tenants)

  • Located just west of Santa Fe Avenue and 3 blocks north of Rosecrans Avenue

  • One mile south of the Century (105) Freeway

  • Zoning code 30-14.4 may allow: Accessory storage of automobiles (in operating condition); building materials (excluding rock, gravel, and sand storage in excess of 2,000 tons); equipment, lumber, pipe, wood, cabinet and carpentry shops; carpet cleaning; pest control operator.

  • 2 Freestanding Apartment and Warehouse Buildings

  • Actual Current Income Investment Highlights

  • Gross Monthly Income ($1,700 + $2,000) = $ 3,700

  • Gross Annual Income $ 44,400

Listing Contacts

TK
CA 01210428
Korus Real Estate
Listed by Korus Real Estate

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