Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1301 Willowbrook Avenue, Compton, CA 90222
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    1301 Willowbrook Avenue
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    • MLS#: 25500063 ( )
    • Street Address: 1301 Willowbrook Avenue
    • Viewed: 1
    • Price: $1,200,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1928
    • Bldg sqft: 0
    • Days On Market: 42
    • Additional Information
    • County: LOS ANGELES
    • City: Compton
    • Zipcode: 90222
    • Provided by: Compass
    • Contact: Max Max
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      *** $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.
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    Features
    Assetclass
    1. Office
    2. Hotel/Motel
    3. Specialty
    Building Area Total
    1. 9509.00
    Country
    1. US
    Land Use
    1. Multi-Family
    Parcel Number
    1. 6153025031
    Postalcodeplus4
    1. 4021
    Security Features
    1. Gated Community
    2. Guarded
    Totalmonthlyrent
    1. 5800
    Year Built
    1. 1928
    Zoning
    1. COCM*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836