4.97 acre development site - evanisko realty & investment• catalytic development opportunity...

www.EvaniskoRealty.com

The Development Brokers12400 Ventura Blvd. #606

Studio City, CA 91604818.985.9700 Phone818.985.9703 Fax

• Full city block [flat graded site] – one seller• Highly underserved dense urban infill location

• Catalytic development opportunity on major thoroughfare• City will entertain commercial zone change proposals to

enable full retail development scenarios• $3,499,000

4.97 Acre Development Site2001 E. Rosecrans Ave.

Compton, CA 90221

E. Rosecrans Ave. and S. Butler Ave. – 28,344 Cars/Day [2010 ESRI]

Stoplight

This brochure has been prepared to provide unverified summary information to interested

parties, and to establish only a preliminary level of interest in the subject developmentopportunity.

The information contained in this brochure has been obtained from sources we believe tobe reliable; however, Evanisko Realty & Investment, Inc. has not verified, and will notverify, any of the information contained herein, nor has Evanisko Realty & Investment, Inc.conducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of the informationprovided. Broker and Owner make no representations/warranties as to the developmentpotential of land.

All interested parties must take appropriate measures to verify all of the information setforth herein.

Please contact Evanisko Realty & Investment, Inc. for additionalinformation/guidance pertaining to this property.


Disclosure


Compton, CA 90221


Table of Contents

Page 5: Property Summary

Page 6: Due Diligence Package Checklist

Page 7: Surrounding Shopping Centers

Page 8: Site Location

Page 9: Site Location

Page 10: Aerial Photo

Page 11: Parcel Map

Page 12: Transaction Details

Page 13: Broker Information


Compton, CA 90221


6

Property Summary

Located on the north side of E. Rosecrans Ave. between Atlantic Blvd.and Long Beach Blvd. and less than ½ miles from the 710 freewayexit/on-ramp. The subject site offers an investor with theopportunity to develop a truly catalytic project at a highlyunderserved potential commercial location. The Seller and the City ofCompton will cooperate with the required zone change andentitlement process necessary to developer a retail, or mixed-useproject.

• Location: 2001 E. Rosecrans Ave. Compton, CA 90221

• Existing Improvements: Vacant Land

• APN: 6184-009-075

• Total Land Area: Approx 4.97 acres [216,619 Sq. Ft.]

• Current Zoning: R1

• Entitlements: None

• Land Dimensions: Refer to parcel map

• Topography: Flat graded property

• Compton Council District: 2 – Lillie Dobson

• City of Compton – Director of Planning and Economic Development:Derek [email protected](310) 605-5532

• Price: $3,499,000 [$16/Sq. Ft.]

• http://www.comptoncity.org/


Compton, CA 90221

mailto:[email protected]

http://www.comptoncity.org/


7

Due Diligence Package Checklist

1. Albus-Keefe & Associates, Inc. Geotechnical Report 7/2008

2. Albus-Keefe & Associates, Inc. Rough Grading Report 4/2005

3. Albus-Keefe & Associates, Inc. Geotechnical Report 8/2003

4. Title report dated 6/20/2012

5. Parcel Map

6. ESRI Demographic Profile

7. ESRI Traffic Count Profile

8. ESRI Site Map

9. ESRI Retail Market Potential

10. Compton Land Use Summary Map

11. Compton Zoning Summary Map

* The Albus-Keefe & Associates reports were done in conjunctionwith the subdivision and redevelopment of an adjacent parcel ofland by Lennar and the proposed development of a churchfacility on subject parcel by current owner. Grading wascompleted to the specifications outlined in the report for theproposed church facility development.


Compton, CA 90221


Surrounding Shopping Centers

11


Compton, CA 90221


Site Location

11


Compton, CA 90221


Site Location

9


Compton, CA 90221

E. Rosecrans Ave. and S. Butler Ave. – 28,344 Cars/Day [2010 ESRI]


Property Photos

8

65-SFR Lennar SubdivisionCompleted 2006


Compton, CA 90221

Deal Structure: Negotiable

Seller: Tower of Faith Economic Development Corp.

Price: $3,499,000

Submit Offers To: Evanisko Realty & Investment, Inc. – Frank Evanisko

ALL PROPOSALS WILL BE REVIEWED BY PROPERTY OWNER AND BROKERAS RECEIVED.

Commission: 2% to cooperating broker

For additional information/guidance on this and other developmentopportunities contact: Evanisko Realty & Investment, Inc. (818) 985-9700

[email protected]


Transaction Details12400 Ventura Blvd. #606

Studio City, CA 91604818.985.9700 Phone818.985.9703 Fax

12


Compton, CA 90221

The Development Brokers.com

Frank EvaniskoPresidentDirector of Land [email protected]

David MelaughVice PresidentDirector of Construction [email protected]

Evanisko Realty & Investment, Inc.12400 Ventura Blvd.#606Studio City, CA 91604P. (818) 985-9700

F. (818) 985-9703

Lic. 01383591

www.TheDevelopmentBrokers.com

Our Business

Evanisko Realty & Investment, Inc. facilitates thetransaction of infill development opportunitieswithin the Los Angeles County marketplace.Since its inception in 2003, Evanisko has sold orstructured various partnerships for theredevelopment of over 100 sites ranging from6,000 SF single family lots to high profile/highdensity downtown land assemblages. Harnessingthe power of real time local development marketinformation has been the key to Evanisko’s abilityto effectively and properly advise clients througheach step of every transaction. Maintaining avertically integrated development-based niche[Sales and Finance] has allowed Evanisko toclearly differentiate itself within the local brokeragecommunity.

An effective broker recognizes the fact they are inthe business of information.

INFILL LAND SALES • CONSTRUCTION FINANCING • MARKET INTELLIGENCE

4.97 acre development site - evanisko realty & investment• catalytic development opportunity...

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