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1301 North Willowbrook Avenue

Compton CA 90222

15038 sq. ft.
Land
Currently for sale - view listing

Overview

*** $92 Land PPSF & $126 Building PPSF *** 1301 N. Willowbrook Ave is a unique development opportunity and commercial property situated on a 15,038 SF lot, zoned COCM*, located 1 block north of Rosecrans and Alameda, and only 0.5 miles from the Compton Station/Metro A-Line and downtown Compton. This property offers exceptional potential for investors and developers alike. The existing improvements include an occupied 9,509 SF 2-story, courtyard-style residential/commercial building. Currently, the property is being used as a probation home with approximately 8 rooms, an operating kitchen, meeting rooms, a secured waiting room, and multiple offices. Property can be used for similar uses or for other similar uses like transitional housing (Buyer to verify). Current rent is approx. $5800. This location benefits from excellent accessibility to public transportation, key commercial corridors, and the vibrant urban growth of Compton. According to a development report by BrickWork, the new owner can develop 9 units by-right or expand the project to 20 units by leveraging AB-1287 density bonus incentives, making this an attractive prospect for maximizing residential density in a rapidly growing area. For full details regarding the development potential, please refer to the marketing package, which includes the comprehensive development report by BrickWork.

Features

15038 sq. ft. lot size
Land

Happy sellers in Compton

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Local market activity for land plots in Compton

In the last 12 months, 2 land plots similar to 1301 North Willowbrook Avenue, have been sold.

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