403 South Santa Fe Avenue 403 South Santa Fe Avenue Compton, California 90221 United States
$4,675,000
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...
- 7,406 m²
- Exterior
- Commercial
- Property type
- 1948
- Year Built
- SR25085142
- Web Id
- SR25085142
- MLS ID
- 7
- days ago
About 403 South Santa Fe Avenue
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:+ Potential development opportunity totaling over 1.82 acres+ Located within the Compton Station Transit Oriented Development, which allows for a maximum of 100 units per acre + The City of Compton plans to transform the area around the Metro A Line Compton Station into a vibrant, mixed-use, transit-friendly community and encourage the development of affordable high-density housing.+ The neighborhood corridor of the specific plan allows for a diverse range of redevelopment possibilities, including low, medium, and high-density multifamily housing, providing flexibility for various development strategies.+ 435 & 445 S. Santa Fe is currently leased at a rate of $10,000 p/mo, expiring July of 2026+ 403 & 411 S. Santa Fe possession available at the close of escrowThis is a rare opportunity to acquire a substantial footprint within the Transit-Oriented Development boundaries of Compton Station. It offers significant potential for investors and developers looking to capitalize on Comptons growth and proximity to major transit corridors.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.
Listing Courtesy of Equity Union, Email/Phone : 818-581-5829
Listing Courtesy of Equity Union, Email/Phone : 818-581-5829
PROPERTY INFORMATION
- Water
- Public
EXTERIOR
- Lot Description
- LotOver40000Sqft
Listing Courtesy of Equity Union, Email/Phone : 818-581-5829
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