1301 N Willowbrook Ave - $260K Reduction | $92 Land PPSF | 15,038 SF
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1301 N Willowbrook Ave - $260K Reduction | $92 Land PPSF | 15,038 SF
15,038 Acres of Commercial Land Offered at £1,072,121 in Compton, CA 90222
INVESTMENT HIGHLIGHTS
- 1301 N. Willowbrook is a 15,038 SF lot (zoned COCM*) located 1 block north of Rosecrans and Alameda
- Existing improvements include a VACANT 9,509 SF 2-story courtyard-style office building
- 0.5 miles from Metro A-Line - develop 9 units by-right or 20 units by taking advantage of AB-1287 density bonus incentives
- Please refer to the marketing package for complete details of the development report
EXECUTIVE SUMMARY
*** $260,000 price reduction - $92 Land PPSF *** 1301 N. Willowbrook Ave is a unique development opportunity situated on a 15,038 SF lot, zoned COCM*, located just one block north of Rosecrans and Alameda, and only 0.5 miles from the Compton Station/Metro A-Line and downtown Compton. This property offers exceptional potential for investors and developers alike. According to a development report by BrickWork, the new owner can develop 9 units by-right or expand the project to 20 units by leveraging AB-1287 density bonus incentives, making this an attractive prospect for maximizing residential density in a rapidly growing area. The existing improvements include a VACANT 9,509 SF two-story, courtyard-style office building. This location benefits from excellent accessibility to public transportation, key commercial corridors, and the vibrant urban growth of Compton. For full details regarding the development potential, please refer to the marketing package, which includes the comprehensive development report by BrickWork.
PROPERTY FACTS
| Price | £1,072,121 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 15,038.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £1,072,121 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 15,038.00 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | £1,072,121 | Lot Size | 15,038.00 AC |
| Price Per AC | £71.29 |
| Price | £1,072,121 |
| Price Per AC | £71.29 |
| Lot Size | 15,038.00 AC |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 6153-025-031 | Improvements Assessment | £323,445 |
| Land Assessment | £450,345 | Total Assessment | £773,790 |
PROPERTY TAXES
Parcel Number
6153-025-031
Land Assessment
£450,345
Improvements Assessment
£323,445
Total Assessment
£773,790
ZONING
| Zoning Code | COCM* (Commercial MIxed Use) |
| COCM* (Commercial MIxed Use) |
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1301 N Willowbrook Ave - $260K Reduction | $92 Land PPSF | 15,038 SF
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