518 W Rosecrans
10-Unit Mixed-Use Investment in Compton, California
518–522 W Rosecrans Ave & 519–525 W Spruce St, Compton, CA 90222 · APN 6151-016-009
2 Retail + 8 Apartments · ±0.70-Acre Lot · 100% Occupied
Offered at $2,799,900
Investment Highlights
- Mixed-use, 10 units: two street-front retail spaces on Rosecrans Ave plus eight apartments, all on one parcel
- Extensively renovated 2022–2024: new framing, roofing, electrical and plumbing at the Spruce St buildings and a full remodel of the 520 Rosecrans retail building
- 100% occupied
- Large ±0.70-acre through-lot with frontage on both Rosecrans Ave and Spruce St; five buildings and ±30 parking spaces, including a 6-car garage
- Separately metered for gas and electric
- Built 1921–1968; no local rent-control ordinance in Compton (residential units subject to California AB 1482)
- Transit-oriented: about 0.6 mi to Metro A Line Compton Station; close to the 105, 91, 110 and 710 freeways
Unit Mix
| Unit Type | Units |
|---|---|
| Retail / studio space (±2,887 SF and ±1,200 SF) | 2 |
| 1 Bedroom / 1 Bath | 4 |
| 2 Bedroom / 1 Bath | 3 |
| 2 Bedroom / 1.5 Bath | 1 |
| Total | 10 |
Rents, income, expenses and full financial details are provided in the Offering Memorandum after the Confidentiality Agreement is signed.
Location & Transit
The property sits on the Rosecrans Avenue commercial corridor in the Gateway Cities region of Los Angeles County, between downtown Los Angeles and the Port of Long Beach.
| Nearby | Approx. |
|---|---|
| Metro A Line – Compton Station | 0.6 mi |
| Gateway Towne Center | 1.2 mi |
| MLK Community Hospital | 1.6 mi |
| Willowbrook/Rosa Parks Station (A & C Lines) | 1.8 mi |
| I-105 Freeway | 1.8 mi |
| SR-91 Freeway | 2.0 mi |
| Compton College | 2.2 mi |
Straight-line distance estimates.
Development Potential
The parcel appears to lie within the Compton Station Transit-Oriented Development (TOD) Specific Plan, which contemplates mixed-use development along this stretch of Rosecrans Avenue at densities of up to about 80 units per acre. With a California State Density Bonus, a project of approximately ±60 units may be possible, subject to design, financing and City approval.
*Not verified. Zoning, density, height, approval path and unit yield have not been verified by Seller or Broker, are not guaranteed and are subject to change. The property is currently tenant-occupied, and any redevelopment would be subject to state tenant-protection and replacement-housing requirements. Buyer must independently verify all development potential with the City of Compton Planning Division and its own consultants.
Photos
Please do not disturb the tenants. Tours are by appointment only through the listing broker.
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Listed by Manuel Meraz, Broker, DRE #01986175 · Master Key Real Estate (M.E. Strategic Corp., DRE #02012526)