11003 Compton Ave, Los Angeles, CA 90059
11003 Compton Ave, Los Angeles, CA 90059
11003 Compton Ave, Los Angeles, CA 90059
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$224,999
Est. payment /mo
2 Baths
378 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 378 sqft

Price per Sqft $595

MLS Listing ID 26665505

Construction Status Additions/Alter, Fixer

Year Built 1949

Lot Size 3,190 Sqft

Acres 0.0732

Property Sub-Type Multi-Family

Property Description

Now being offering For Sale for the first time in over 60 years! Currently, the property features a modest improvement across an underdeveloped lot, along with a rare and active billboard lease. The building is "grandfathered in" as commercial but the land has since been re-zoned for residential use (LAR2); offering a variety of options for redevelopment. Additionally, this property is being offered for sale at the same time as property directly "next door" offering a savvy investor the ability to purchase both. Thus increasing the potential for what may be built or done to the properties if acquired together. The Watts area is under rapid re-development including the recent building of Freedom Plaza, to compliment the rebuilding 100s of new units at the Jordan Downs Housing Complex. The nearby Nickerson Gardens and Imperial Courts are slated for similar development as well, furthering the economic activity in the area and providing much needed new housing. Located just minutes away from Downtown Los Angeles with close proximity to 105, 110, 710 and 605 Freeways; making it ideal for transit to area employers and attractions. Contact me today to set up your showings or with any questions! Additionally, the adjacent property at 1570 E. 110th St is listed for sale at the same time, offering the chance to assemble both properties. See MLS Listing #26767937 for more information.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAR2

Rooms

Other Rooms Shed(s)

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Fenced, Redevelopment Area

Story 1

Foundation Slab

Sewer In Street

Water District, In Street

Level or Stories One

Construction Status Additions/Alter, Fixer

Others

Special Listing Condition Standard


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TheMLS (CLAW)
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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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