Compton, CA 90221,425 E Rosecrans Avenue
$325,000
$500,000
35.0%
Est.Price: ?

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4,144 SqFt

425 E Rosecrans Avenue Compton, CA 90221

Est. payment /mo
SOLD DATE : 07/10/2023

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Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,144 sqft

Price per Sqft $78

MLS Listing ID CRPW23020897

Sold Date 07/10/23

HOA Y/N No

Year Built 1946

Lot Size 4,670 Sqft

Acres 0.11

Property Sub-Type Retail

Property Description

The building will be delivered vacant at close of escrow. This building was occupied by Charles Dickson Studios since 1977. The buildings floor plan was modified over the years and will need to be brought back to its original floor plan. The property appears to have had 2 address and may be able to be converted back to 2 units. There is a small yard in the rear of the building that is secured by gate. The property next door is currently for sale and may be a good opportunity to redevelopment the entire strip into residential. The parcel is also located in an Opportunity Zone and may offer some tax benefits to defer capital gains. Location is West of the 710 Freeway in between Willowbrook and Long Beach Blvd. Rosecrans Ave is a major throughfare and has a variety of local and national business along this route. Buyer to check with City of Compton for available uses.

Location

State CA

County Los Angeles

Zoning CL

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 6167010038

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Bridge MLS
Listed by Carlos Skubacz • RE/MAX 2000
Bought with CarlosSkubacz

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Ian Stapp

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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