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We are pleased to present a unique investment and redevelopment opportunity consisting of four contiguous properties strategically located within the Compton Station Transit-Oriented Development (TOD) Specific Plan, which aims to transform the area surrounding the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community.Together, the 4 lots span nearly an entire city block, extending to the prominent, signalized corner of S. Santa Fe Avenue and Myrrh Street.Property Breakdown:+ Eko Multipurpose Center – 403 S. Santa Fe Ave: Approximately 20,001 SF+ Eko Multipurpose Center – 411 S. Santa Fe Ave: Approximately 30,004 SF + KSI Communications – 435 S. Santa Fe Ave: Approximately 9,999 SF + KSI Communications – 445 S. Santa Fe Ave: Approximately 19,622 SFKey Highlights:+ +/-145 Units By-Right: Per the City of Compton, the location allows for 80 units per acre to be built and even more if density bonuses are applied for. + Zero Capital Gains Tax: The property is located within an opportunity zone, and provides developers the ability to avoid some or all of the Capital Gains upon the sale depending on the hold period.+ Expedited Approval: Per the City of Compton, projects under 80 units only go through an Administrative Review, which allows for faster approval. + Transit Oriented Development: Compton’s TOD areas benefit from financial incentives, tax credits, density bonuses, and grants, as well as streamlined approvals.+ $120,000 in Annual Income: One of the lots is currently leased until July 2026 and the income can assist developers offset the planning costs.+ Must Sell - Motivated Seller: All reasonable offers will be presented and considered by ownership.The City of Compton has been actively pursuing transit-oriented development (TOD) plans to revitalize areas adjacent to its Metro stations. Two significant initiatives in this regard are the Artesia Station Specific Plan and the Compton Station Transit-Oriented Development Specific Plan.Compton Station Transit-Oriented Development Plan: Cover approximately 570 acres around the Compton Station at Willowbrook Avenue and Compton Boulevard, focusing on three key "Downtown" nodes: Civic Center, Commercial Core, and Historic Core/Compton Boulevard East.
Property Type(s):
Commercial
| Last Updated | 4/17/2025 | Year Built | 1948 |
|---|---|---|---|
| Community | Compton S of Rosecrans, E of Alameda | County | Los Angeles |
Additional Details
| AREA | Compton S of Rosecrans, E of Alameda |
|---|---|
| LOT | 1.83 acre(s) |
| LOT DESCRIPTION | Lot Over 40000 Sqft |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Equity Union
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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