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$525,000
Est. payment /mo
1,161 SqFt
UPDATED:
11/21/2024 02:00 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $452
MLS Listing ID CRSB24012638
HOA Y/N No
Year Built 1926
Lot Size 2,179 Sqft
Acres 0.05
Property Description
Capture consistent monthly rental income from this fully leased, multi-tenant commercial property. Situated on a high-traffic thoroughfare in Compton, conveniently located near schools and shopping districts, this asset provides a reliable and steady cash flow. The property is occupied by established tenants with robust rental agreements secured through multi-year leases, featuring annual contractual escalations. Offering an astonishing cap rate exceeding 12%, this represents a prime investment opportunity with long-term income stability.
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
New Construction No
Others
Tax ID 6156006001
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Amie Shepard • West Shores Realty, Inc.