Fountain Of Life Church Building | 10527 Compton Ave, Los Angeles


  • $1,125,000
  • 3 Bathrooms
  • 4,930 Sq/ft
  • Lot 7139 Acres
  • 10 Parking Spots
  • Built in 1960
  • MLS: PW26011538

Details

Prime Corner Location
Located at the prominent intersection of Compton Avenue and 106th Street in South Los Angeles, the property offers excellent street visibility, frontage, and accessibility.

$1.48M Recent Appraisal
A recent independent appraisal valued the property at $1,480,000, creating an opportunity for more than $350,000 in potential built-in equity based on the current asking price.

Two-Story Community Facility
The property consists of approximately 4,930 SF of building area on a 7,139 SF lot. Originally built in 1960 and renovated in 2008, the existing improvements provide substantial utility for an owner-user, nonprofit, religious organization, or community-based use.

Current Configuration
The property is currently configured as a church facility and includes a large sanctuary, multiple offices, flexible assembly areas, and a second-floor multipurpose area with a kitchen.

Parking Advantage
One of the property's unique advantages is an existing agreement that allows use of the adjacent school's parking lot on Sundays, providing access to 50+ additional parking spaces for larger gatherings and events.

Zoning & Incentive Potential
The property is zoned LAR4 (Q)R4-1 and is located within an Opportunity Zone and Urban Agriculture Zone, with potential eligibility for ED1 and Assembly Bill 2334 incentives. Buyer to independently verify zoning, permitted uses, development potential, and incentive eligibility with the City of Los Angeles.

Accessibility & Exposure
Compton Avenue carries approximately 13,226 vehicles per day, with convenient access to the 105 and 110 Freeways, which carry more than 200,000 vehicles per day combined.

Property Highlights

- Recent independent appraisal of $1,480,000
- $350,000+ potential built-in equity
- Prominent corner location with excellent visibility and frontage
- Approximately 4,930 SF building on a 7,139 SF lot
- Existing church/community facility with flexible interior space
- 50+ additional Sunday parking spaces through the existing parking arrangement
- Potential for owner-user, nonprofit, religious, educational, or community use
- Potential adaptive reuse, redevelopment, or other future development opportunities
- Located in an infill area with ongoing investment and redevelopment activity
- Potential uses may include religious, educational, community facility, housing, or mixed-use development, subject to applicable zoning and City approvals

Whether you're looking for an owner-user property, value-add investment, redevelopment opportunity, or community facility, this property offers a combination of existing improvements, location, parking, and potential upside that is worth exploring.

Images

Contact

Feel free to contact us for more details!