$265,000
●
Land -
Off Market
715 E Alondra Boulevard
Compton, CA 90221
Studio
0 Bath
$471,191
RealtyHop Estimate
57.06%
Since Oct 1, 2017
CA-Los Angeles
Primary Model
About This Property
BACK ON THE MARKET, Commercial Zoned Large Lot with Street
Frontage, with gravel and surrounded with Large Rod Iron Fence.
Buyers and Buyers Agent to do their own Due Diligence. Seller
motivated
Unit Size
-
Days on Market
136 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #RS17087381)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by Excellence RE Real Estate | $670,000 | |
| Listed by Excellence RE Real Estate | |||
| | |||
|
Land for sale in The City of Compton! This land represents an opportunity for investors to be part of the city's economic landscape. This parcel allows for development in a city known for its extensive urban area and important cultural sites. Besides land, the real estate market in Compton is supported by industrial properties, commercial, Income Development Properties and warehouses, crucial for the logistics and manufacturing industries in the area. The Land Permitted Uses for this LOT are almost unlimited including commercial and mixed-use zoning. This is a great opportunity for any business designed for the entertainment, merchant stores, retail stores. This is also an investment chance for investors seeking a "like-kind" property for a 1031 exchange, The City of Compton offers a wide variety of options to meet diverse needs.
| |||
| Sep 6, 2017 | Sold | ||
| Sold | |||
| Apr 23, 2017 | Listed by Re/Max Diamond | $300,000 | |
| Listed by Re/Max Diamond | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
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ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Compton
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Listed by: Maria Barragan, Re/Max Diamond
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS17087381
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS17087381
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