403,411,435,445 S Santa Fe Ave - Residential LAND FOR SALE


Compton, CA 90221- Downtown Compton79,279 SF
$4,675,000 USD
866-582-7865
403,411,435,445 S Santa Fe Ave, Compton, CA for Sale
$4,675,000 USD
Residential LAND - FOR SALE
1/12
79,279 SF

403,411,435,445 S Santa Fe Ave
Compton, CA 90221
Downtown Compton


HIGHLIGHTS

  • Potential development opportunity totaling over ±1.82 acres
  • Located within the Compton Station TOD, ±100 Units P/Acre
  • Redevelopment possibilities include low-high density multifamily housing
  • Parking lot leased at a rate of $10,000 p/mo, expiring July of 2026
  • All reasonable offers will be considered

OVERVIEW

Lucrum Real Estate Group is 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 SF Key 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 can be delivered vacant at the close of escrow This 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 Compton’s 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. The plan envisions transforming the area into a compact, transit-oriented neighborhood with key projections that include: + Housing: Approximately 4,803 new residential units + Retail Space: Around 219,187 square feet + Cultural Facilities: About 129,000 square feet + Office Space: Approximately 217,073 square feet The plan emphasizes improving public spaces, enhancing safety, introducing new open areas, and closing existing gaps in the bicycle and pedestrian networks to promote a pedestrian-friendly environment. Promoting New Development and Rehabilitation: Encouraging the construction of new buildings and the renovation of existing structures to boost economic activity. Increasing Transit Ridership: Enhancing accessibility and convenience to encourage more residents to utilize public transit. Strengthening Local Identity: Creating a unique sense of place that reflects Compton's cultural heritage. Creating Employment Opportunities: Fostering job creation and career advancement for residents. Enhancing Pedestrian and Bicycle-Friendly Environments: Developing infrastructure that supports walking and cycling to reduce reliance on automobiles. Implementation strategies may include establishing a property-based business improvement district, developing affordable housing and business incubation spaces on publicly owned land, and instituting local hire requirements for large projects. Implementation Timeline: The implementation of these plans is expected to occur over an extended period, potentially spanning 20 to 25 years. Development on private land will depend on individual landowners' timelines, while public land improvements will proceed as resources and circumstances allow. These initiatives reflect Compton's commitment to leveraging its transit assets to foster sustainable, community-focused development.

FOR SALE DETAILS

PRICE

$4,675,000 USD

PRICE/ACRE

$2,568,688/AC

PRICE/SF

$59 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

±1.82 Acre Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

1.82 AC

LAND SF

79,279 SF

OFFSITE IMPROVEMENTS

-

ZONING

COCL*

APN/PARCEL ID

6179-004-020,6179-004-021,6179-004-022,6179-004-030

ASK ABOUT THIS PROPERTY

Raymond A. Rodriguez IVLucrum Real Estate Group | Equity UnionMore Info
866-582-7865

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Raymond A. Rodriguez IVLucrum Real Estate Group | Equity UnionMore Info
866-582-7865

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.