1301 N Willowbrook AVE Active Save Request In-Person Tour Request Virtual Tour
Compton,CA 90222
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24454155
HOA Y/N No
Lot Size 0.345 Acres
Property 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.
Location
State CA
County Los Angeles
Area Rn - Compton N Of Rosecrans, E Of Central
Zoning COCM*
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 6153025031
Special Listing Condition Standard