609 N Long Beach Boulevard

Compton, CA

Others for Sale - $2,200,000 - 6,176 Sq. Ft.


Agent Info

Summer Kim
Coldwell Banker Best Realty

Property Info

CIMLS#1168142
Location
  609 N Long Beach Boulevard
  Compton CA 90221
UpdatedNovember 14th, 2024
TypeOthers
Price$2,200,000
Building6,176 Sq. Ft.

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.


Financials


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