4.97 acre development site - evanisko realty & investment• catalytic development opportunity...
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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.
www.EvaniskoRealty.com
Disclosure
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
www.EvaniskoRealty.com
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
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
www.EvaniskoRealty.com
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 Hulldhull@comptoncity.org(310) 605-5532
• Price: $3,499,000 [$16/Sq. Ft.]
• http://www.comptoncity.org/
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
www.EvaniskoRealty.com
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.
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
www.EvaniskoRealty.com
Surrounding Shopping Centers
11
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
www.EvaniskoRealty.com
Site Location
11
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
www.EvaniskoRealty.com
Site Location
9
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
E. Rosecrans Ave. and S. Butler Ave. – 28,344 Cars/Day [2010 ESRI]
www.EvaniskoRealty.com
Property Photos
8
65-SFR Lennar SubdivisionCompleted 2006
4.97 Acre Development Site2001 E. Rosecrans Ave.
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
frank@evaniskorealty.com
www.EvaniskoRealty.com
Transaction Details12400 Ventura Blvd. #606
Studio City, CA 91604818.985.9700 Phone818.985.9703 Fax
12
4.97 Acre Development Site2001 E. Rosecrans Ave.
Compton, CA 90221
The Development Brokers.com
Frank EvaniskoPresidentDirector of Land Salesfrank@evaniskorealty.com
David MelaughVice PresidentDirector of Construction Financingmelaugh@evaniskorealty.com
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
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