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2416 Alondra Blvd - Mixed Use Zoning 0.3 Acres of Commercial Land Offered at $499,000 in Compton, CA 90221
INVESTMENT HIGHLIGHTS
- NEW Mixed Use Zoning
- Excellent Street Frontage On Major Arterial
- 12,960 SF Of Usable Land
- Surrounded By Established Businesses
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $499,000 | Lot Size | 0.30 AC |
| Price Per AC | $1,677,192.53 |
| Price | $499,000 |
| Price Per AC | $1,677,192.53 |
| Lot Size | 0.30 AC |
Corner Commercial Lot
DESCRIPTION
The city is planning, within the next few months, to update the zoning designation to mixed-use, which could allow for a combination of residential and commercial uses along the corridor. The goal is to create opportunities for new residential and commercial development adjacent to established neighborhoods. Smaller-scale commercial uses can complement the new multi-family housing. Standalone residential and non-residential uses are allowed. Exceptional Opportunity In The Heart Of Compton! This Prime Commercial Corner Lot Offers Excellent Street Frontage On A Major Thoroughfare And Is Ideally Located Just Minutes From The 710 Freeway, Providing Outstanding Visibility And Accessibility. Opportunity To Invest In A Growing Area With Convenient Freeway Access And Endless Development Potential.
PROPERTY TAXES
| Parcel Number | 7301-011-023 | Improvements Assessment | $16,089 |
| Land Assessment | $194,786 | Total Assessment | $210,875 |
PROPERTY TAXES
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2416 Alondra Blvd - Mixed Use Zoning
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