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425 E Rosecrans Avenue, Compton, CA 90221

Commercial property

425 E Rosecrans Avenue, Compton, CA 90221 Sold July 2023 CRMLS
$325,000Sold July 2023

Listing Agent: Carlos Skubacz (DRE #01474295) · Listing Office: RE/MAX 2000 · Contact: 714-290-0936 · Bought with: Carlos Skubacz · RE/MAX 2000 · MLS #PW23020897 · Source: CRMLS

4,144
Building Sq Ft
4,670 sqft
Lot Size
1946
Year Built
CL
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$325,000
Sold July 2023 · listed $500,000, orig. $775,000, on market February 2023 · MLS #PW23020897 · Source: CRMLS
Listing Agent: Carlos Skubacz · Listing Office: RE/MAX 2000 · Contact: 714-290-0936 · Bought with: Carlos Skubacz · RE/MAX 2000
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