403 S Santa Fe Avenue, Compton, CA 90221

  • $4,675,000
403 S Santa Fe Avenue
CommercialSale Active
403 S Santa Fe Avenue, Compton, CA 90221
403 S Santa Fe Avenue
  • $4,675,000

Overview

Property ID: HZSR25085142
  • MultiFamily
  • Property Type
  • 1948
  • Year Built

Description

We are 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:

+ +/-145 Units By-Right: Per the City of Compton, the location allows for 80 units per acre to be built and even more if density bonuses are applied for.

+ Zero Capital Gains Tax: The property is located within an opportunity zone, and provides developers the ability to avoid some or all of the Capital Gains upon the sale depending on the hold period.

+ Expedited Approval: Per the City of Compton, projects under 80 units only go through an Administrative Review, which allows for faster approval.

+ Transit Oriented Development: Compton’s TOD areas benefit from financial incentives, tax credits, density bonuses, and grants, as well as streamlined approvals.

+ $120,000 in Annual Income: One of the lots is currently leased until July 2026 and the income can assist developers offset the planning costs.

+ Must Sell – Motivated Seller: All reasonable offers will be presented and considered by ownership.

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.

  • Address Santa Fe
  • City Compton
  • State/county Los Angeles
  • Zip/Postal Code 90221

Details

Updated on April 29, 2025 at 3:34 am
  • Property ID: HZSR25085142
  • Price: $4,675,000
  • Land Area: 1.828 SquareFeet
  • Year Built: 1948
  • Property Type: MultiFamily
  • Property Status: CommercialSale

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