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425 E Rosecrans AVE Compton, CA 90221
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Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23020897
Sold Date 07/10/23
HOA Y/N No
Year Built 1946
Lot Size 4,669 Sqft
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
Area Rn - Compton N Of Rosecrans, E Of Central
Zoning CL
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Level
Water Public
Others
Tax ID 6167010038
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Private
Special Listing Condition Standard
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Bought with Carlos Skubacz • RE/MAX 2000