609 Long Beach Boulevard, Compton, CA 90221
  • MLS#: PW24223807 ( Retail )
  • Street Address: 609 Long Beach Boulevard
  • Viewed: 2
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 0
  • Days On Market: 57
  • Additional Information
  • County: LOS ANGELES
  • City: Compton
  • Zipcode: 90221
  • Provided by: Coldwell Banker Best Realty
  • Contact: Youngha Youngha
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Assetclass
  1. Retail
Building Area Total
  1. 6176.00
Commoninterest
  1. None
Construction Materials
  1. Stucco
Country
  1. US
Current Financing
  1. None
Current Use
  1. Commercial
Land Use
  1. Retail
Laundry Features
  1. None
Parcel Number
  1. 6178024002
Property Type
  1. Retail
Totalmonthlyrent
  1. 10150
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Water Source
  1. Public
Year Built
  1. 1946
Year Built Source
  1. Other