COMPTON, CA
1525 W EL SEGUNDO BOULEVARD
COMPTON, CA 90222
1525 W El Segundo Boulevard Compton, CA 90222
Address:
Property Type:
Vacant
Price:
$1,275,000
Building Square Feet:
4,900 SF
Lot Size:
0.22 Acres
Price Per Square Foot:
$260.20
Year Built:
1954
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About the Property
Vacant 4,900-Square-Foot Industrial Asset Situated on 0.22 Acres of Concrete Paved Land
Masonry Construction Featuring 16’ Clear-Height, One (1) Ground-Level Door and Gated Yard
Seller-Carry Financing Available at Competitive Terms
Investor Lease-Up or Owner-User Opportunity Ideal for Several Uses
About the Location
Over 43' of Street Frontage on W El Segundo Boulevard
Core Industrial Pocket of Los Angeles within the South Los Angeles Submarket that features over 23,100,00 SF of Industrial Product.
Easy Access to the 105, 110, 710, and 91 Freeways.
Less than 19 Miles to Downtown Los Angeles, LAX & the Ports of Los Angeles/Long Beach
Tight Barrier-to-Entry Submarket with 3.8% Vacancy Rate (CoStar)
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1525 W El Segundo Boulevard in Compton, California. The subject property consists of approximately 4,900 square feet of industrial space and is situated on 0.22 acres of land. This single-tenant asset features a clear height of 16 feet, one ground-level door, and durable masonry construction. For sale as vacant, buyers have an owner-user or lease-up opportunity at the close of escrow.
The subject property sits in the heart of the South Los Angeles submarket, a sizeable submarket with 23.1 million square feet of industrial space. Currently, in the fourth quarter of 2024, the vacancy rate remains impressively low at 3.8 percent which outperforms the Greater Los Angeles Market by nearly half compared to its 5.9 percent vacancy rate. While annual rent growth has slowed materially in the trailing 12-months, as of Q4 of 2024, there is presently zero industrial space under construction in South LA, reflecting the tightening supply of industrial space to come in following years (CoStar).
Investment Overview
The Los Angeles metropolitan area is home to a diverse population of 10.1 million, including over 4 million residents within city limits. The second largest city in the U.S. boasts an 81-mile coastline along the Pacific Ocean and is encircled by the picturesque Santa Monica and San Gabriel mountains, including the towering Mount San Antonio. Simply known as L.A., the city features a well-connected transportation network, including major interstates, Amtrak, Metrolink, and Los Angeles International Airport (LAX). The entertainment industry, nine Fortune 500 companies, and a prominent aerospace sector drive the economy. Los Angeles’ industrial activity is anchored by the Ports of L.A. and Long Beach which play a major role in the domestic supply chain as the leading point of imports from East Asia. With a growing population and high home prices, Los Angeles remains a vibrant and culturally rich metropolis.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2024 Marcus & Millichap. All rights reserved.