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15200 Gibson Los Angeles CA 90221 ave

168,000 SF Specialty Building Offered at $8,679,000 CAD in Compton, CA 90221

EXECUTIVE SUMMARY

OWNERSHIP SEEKING PARTNERSHIP - VALUE ESTIMATE CURRENTLY IS $12,000,000
OWNER SEEKING 50/50 PARTNER FOR $6,000,0000.
FULLY ENTITLED 108,000sf STATE OF THE ART STORAGE FACILITY
****entitlements for an additional 60,000SF IN ADDITION to the currently entitled 108,000sf project is in process.
Total square footage - 168,000
EXCELLENT FREEWAY VISIBILITY WITH TRAFFIC COUNTS 243,105 CARS PER DAY
The Ownership of the Gibson Storage Project are presenting to the market a fully entitled storage facility consisting of 108,000 square feet of structure. Development of this newly built storage facility will serve the South West Los Angeles sub-market as well as the northern region of the Long beach port areas. The development's projected pro forma income schedule will be an attractive option for any investor
looking to gain ownership in a stable cash flow investment with excellent long term returns projected.
CAP Rate Projection for disposition forecast in the attached OM is at a low projection of 5% for projected pricing upon completion/occupancy. Asset can comfortably sell in Los Angeles Market due to lack of inventory at a 4.5% CAP Rate equaling a value of $53,638,444 projected value.

PROPERTY FACTS

Price $8,679,000 CAD
Price Per SF $52 CAD
Sale Type Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 1.85 AC
Construction Status Proposed
Building Size 168,000 SF
No. Stories 4
Year Built 2026
Opportunity Zone Yes
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6180-024-004
  • 6180-024-015
  • 6180-024-005
  • 6180-024-017
  • 6180-024-019
Land Assessment
$1,280,884 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,280,884 CAD

ZONING

Zoning Code CM (CM-COMMERCIAL MANUFACTURING SITE IS FULLY ENTITLED WITH ALL PERMITS PROCESSED - SHOVEL READY ADDITIONAL 60,000SF ENTITLEMENT IN PROCESS / NOV 2025)
CM (CM-COMMERCIAL MANUFACTURING SITE IS FULLY ENTITLED WITH ALL PERMITS PROCESSED - SHOVEL READY ADDITIONAL 60,000SF ENTITLEMENT IN PROCESS / NOV 2025)
  • Listing ID: 34981831

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: 15200 Gibson Los Angeles CA 90221 ave, Compton, CA 90221

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