541 W Rosecrans Ave, Compton, CA 90222

Deal fell through at 350K, this is a steal now. 4306 sq. ft. cinderblock mixed use building w/great exposure on corner lot w/150' of street frontage. Last used as a pot farm (unbeknownst to seller), originally a church. High ceilings, upgraded central air, newer roof, residence w/kitchen, 2 beds, 2 full and 2 half baths. All MPT. Currently all chopped up, looks awful: still has a lot of farming stuff/temporary walls. Could easily be cleaned up and opened up again. 3 addresses: 541 Rosecrans, 547 Rosecrans, and 1106 Matthisen. 63 walk score: 1 block to Dickison Elementary and Davis Middle Schools. Zillow predicts 90222 will appreciate 7.5% next year. CM zoning allows myriad uses, see list in supplements. Compton is finally making a comeback: crime is way down, chain stores are moving in, Trammell Crow Co. is about to break ground on 1 million square feet of industrial space, Dr. Dre is funding an arts center, and the new mayor is a rising political star.