Compton, CA 90221,609 N Long Beach BLVD
Compton, CA 90221,609 N Long Beach BLVD
Compton, CA 90221,609 N Long Beach BLVD
Compton, CA 90221,609 N Long Beach BLVD
Compton, CA 90221,609 N Long Beach BLVD
Compton, CA 90221,609 N Long Beach BLVD
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$ 2,200,000
Est. payment | /mo

0.34 Acres Lot


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$ 2,200,000
Est. payment | /mo
Save

0.34 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24223807

HOA Y/N No

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

Area 699 - Not Defined

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Present Use Commercial

Total Parking Spaces 20

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 6178024002

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Youngha Kim • Coldwell Banker Best Realty • 949-695-1240
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609 N Long Beach BLVD