$2,200,000
609 N Long Beach Boulevard Compton, CA 90221
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Listed by Youngha Kim • Coldwell Banker Best Realty
$2,200,000
Est. payment /mo
6,176 SqFt
UPDATED:
11/07/2024 12:13 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,176 sqft
Price per Sqft $356
MLS Listing ID CRPW24223807
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1946
Lot Size 0.344 Acres
Property Description
Discover an exceptional investment opportunity with this L-shaped retail building on high-traffic Long Beach Blvd in Compton. Covering 6,176 SF on a 14,985 SF lot, this property offers a diverse mix of five occupied units (market, barber shop, water store, Mexican restaurant, and studio) and one vacant space, formerly a donut shop. The total potential monthly rent, including the vacant unit, is $12,950, showcasing strong income-generating capacity in an area with high retail demand and limited new supply. This prime commercial real estate presents an excellent opportunity for investors seeking a stable, income-producing property with immediate upside potential. With its strategic location, diverse tenant mix, and the potential to increase rent to match current market rates, this property offers both reliable cash flow and significant growth potential. Don't miss your chance to secure this valuable asset in the heart of Compton's thriving retail landscape, where you can capitalize on rising rental trends and maximize your investment returns.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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