609 N Long Beach Boulevard

Compton, CA 90221

$2,200,000

List Price

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1946

calendar_month Built

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.

Listing Information

List Price $2,200,000
Status Active
MLS PW24223807
Type Commercial
Subtype Retail
Year Built 1946
Lot Size 14,985
Structure Size N/A
Courtesy Of Coldwell Banker Best Realty
Listing Agent Youngha Kim DRE#02229809
Co-Listing Agent Peter Lee DRE#02025291

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Youngha Kim, Peter Lee, Coldwell Banker Best Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 6th, 2024 at 4:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.