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541 W Rosecrans Ave, Compton, CA 90222
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541 W Rosecrans Ave Compton, CA 90222

$700,000 Sold Price as of 10/16/2023
  • -- Beds
  • -- Baths
  • 4,306 Sq.Ft.
Sold
$700,000 Sold Price as of 10/16/2023 Refinance Your Mortgage
Map preview of 541 W Rosecrans Ave, Compton, CA 90222

Property Overview: 541 W Rosecrans Ave Compton, CA has -- bedrooms, -- bathrooms, 4,306 living square feet and 5,616 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Realty Group Advisors is pleased to present 541 W Rosecrans Ave, a mixed-use property consisting of 5 commercial units and 1 residential unit for sale. The property is located in a prime location in Compton, California, on a busy street with high foot and vehicle traffic. The commercial units are located on the ground floor of the building and are suitable for various types of businesses, such as retail stores, offices, small service-oriented businesses, or light industrial and manufacturing businesses. The units are well-maintained and equipped with modern amenities such as heating systems, restrooms, and large storefront windows for maximum visibility. However, please note that the units do have air conditioning. The residential unit is located in the back of the building and features two bedrooms and one bathroom. The unit is spacious and well-lit, with modern fixtures and fittings, including a full kitchen and a living room. The unit provides a quiet and comfortable living space away from the busy street and commercial units. The property currently generates $51,571 in annual net income from the leased units. There is significant upside potential in the property as there are three vacancies that can be filled with new tenants, increasing the income potential. Additionally, the property can be an ideal investment opportunity for an owner-user who can occupy one of the commercial units and help pay the mortgage while also benefiting from the rental income from the other units. The property does not have any parking spaces on site, but there are public parking lots and street parking available nearby. Overall, 541 W Rosecrans Ave is an excellent investment opportunity for those seeking to own a mixed-use property in a prime location in Compton. However, it is recommended to consult a licensed real estate agent or conduct a thorough inspection of the property to obtain the most accurate and up-to-date information about the property's condition, features, and pricing.

Listed by Reyes Mejia | BRE #01868073 | Realty Group Advisors
Last checked: 13 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
5,616
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW23047740
City
Compton
County
Los Angeles
Time on Site
399 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 541 W Rosecrans Ave

Interior Features
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6153014005
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Wilmington Ave
View more facts & features

Local Compton Agent

Sale History for 541 W Rosecrans Ave

Last sold for $700,000 on October 16th, 2023

  • February, 2024

  • Feb 1, 2024

    Date

    Canceled

    CRMLS: OC23195694

    $2,000

    Price

  • Oct 19, 2023

    Date

    Active

    CRMLS: OC23195694

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Newly upgraded Church available for shared use starting November 15, 2023. The church has a pulpit with a baptismal space in the chapel. The space includes two shared bathrooms and air conditioning. The Church is currently available for use in the afternoon/evening hours with the times to be worked out with the landlord. Comfortably seats 50 to 60 people.

  • February, 2024

  • Feb 1, 2024

    Date

    Canceled

    CRMLS: OC23195687

    $2,400

    Price

  • Oct 19, 2023

    Date

    Active

    CRMLS: OC23195687

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    This is a great opportunity to lease a 1,000 sq ft unit with its own entrance on a high traffic street optimally suited for an Office/Retail space. The unit has been recently painted with air conditioning and its own restroom.

  • October, 2023

  • Oct 16, 2023

    Date

    Sold

    CRMLS: DW23047740

    $700,000

    Price

  • Mar 22, 2023

    Date

    Active

    CRMLS: DW23047740

    $860,000

    Price

  • March, 2023

  • Mar 22, 2023

    Date

    Canceled

    CRMLS: DW22175421

    $600,000

    Price

  • Aug 9, 2022

    Date

    Active

    CRMLS: DW22175421

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Property has 5 addresses 541-547 Rosecrans ave and 11066 Matthisen Ave. Currently seller is operating under 541 W. Rosecrans for his business but the address on Matthisen is an apartment with 2 bedrooms 1 bathroom. This is a perfect opportunity for anyone looking to own a commercial building with a residential income apartment to have some extra income on the side. The previous business that was there was a church that is no longer in use or active. For those looking to open church this would work perfectly for you as it is already set up as a church. This opportunity will not last long as there is many possibilities in what you can do. Buyers to do their own research and due diligence with the City of Compton in what can be permitted or allowed.

  • December, 2021

  • Dec 8, 2021

    Date

    Withdrawn

    CRMLS: SR21034638

    $785,000

    Price

  • Mar 27, 2021

    Date

    Active

    CRMLS: SR21034638

    $785,000

    Price

  • Listing provided courtesy of CRMLS

    Commercial property MIXED USED . Property under specialty used (Church) or could be a retail , or office plus additional one bedroom apartment . Situated in a corner lot on Rosecrans Avenue, city of Compton. property has a lot potential.

  • July, 2020

  • Jul 31, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2019

  • Jun 19, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 541 W Rosecrans Ave

Assessed Value (2020): $663,000
Year Land Value Improved Value Assessed Value
2020 $306,000 $357,000 $663,000

Home Value Compared to the Market

This property vs the competition

541 W Rosecrans Ave sold on October 16, 2023 for 45.76% higher than the current median sold price for the city of Compton which is $590,000. The median sold price per/sqft for Compton is $563 and this home is sold at $199.72 per/sqft which puts the price per square foot 64.53% lower than the current median sale per square foot for the city of Compton.

About 541 W Rosecrans Ave

Detailed summary of property

541 W Rosecrans Ave is a mixed use that recently sold in Compton, CA 90222. This mixed use property offered -- bedrooms, -- bathrooms, roughly 4,306 living square feet, and sits on an approximately 5,616 square foot lot. 541 W Rosecrans Ave was first listed on ArdentRealEstateGroup.com on March 23, 2023. The homeowner sold the property for $700,000. Home in Compton are selling for a median price of $590,000 and a median price per square foot of $563. Based on Ardent Real Estate Group's Compton Market Data, this home is sold 45.76% higher than the current median priced home. Local homes that are currently for sale include 2035 Pacific Ave, 3201 E Pico Blvd and 1607 E 4th St. While the average home in Compton, CA is selling in 61 days, 541 W Rosecrans Ave has a days on market of 71 days. There are currently 124 homes for sale in the Compton real estate market and 115 of them are single family homes while 3 of them are condos and 6 are townhomes. For more information on this home for sale at 541 W Rosecrans Ave Compton, CA 90222 contact Ardent Real Estate Group and we will put you in touch with one of our Compton agents.

Public Facts for 541 W Rosecrans Ave

Public county record property details
Beds
2
Baths
1
Year built
1946
Sq. Ft.
4,306
Lot Size
5,616
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
8-10
APN
6153-014-005

The source for these homes facts are from public records.

90222 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$538
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$598
Total Inventory
34
Median Sale to List Price %
100%
Avg Days on Market
39
Loan Type
Conventional (13.33%), FHA (46.67%), VA (6.67%), Cash (6.67%), Other (26.67%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Related Resources to 541 W Rosecrans Ave

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Other Compton Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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