1315 N Bullis Rd | Compton, CA 90221
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1315 N Bullis Rd
Compton, CA 90221
Office Property For Sale
Investment Highlights
- Gross Income: $360,203.40
- CAP Rate: 7.29%
- NOI: $277,004.69
Executive Summary
±20,311 SF 2-Story Office Building with ±49 Parking Spaces
Opportunity Zone Location
97% Occupied with a Good Mix of 13 Tenants
Month-to-Month and Longer Term Leases Creates Stability and the Ability to Increase Rents Immediately to FMV
Quick Access to 105, 710 & 91 Freeways and within Close Proximity to LAX
Opportunity Zone Location
97% Occupied with a Good Mix of 13 Tenants
Month-to-Month and Longer Term Leases Creates Stability and the Ability to Increase Rents Immediately to FMV
Quick Access to 105, 710 & 91 Freeways and within Close Proximity to LAX
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,311 SF
Building Class
C
Year Built
1959
Price
£2,805,250
Price Per SF
£138
Net Initial Yield
7.70%
NOI
£215,990
Percent Leased
82%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
20,311 SF
Building FAR
0.58
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
COCL - Commercial
Parking
49 Spaces (2.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 6184-015-022 | Improvements Assessment | £995,915 |
| Land Assessment | £1,333,815 | Total Assessment | £2,329,730 |
PROPERTY TAXES
Parcel Number
6184-015-022
Land Assessment
£1,333,815
Improvements Assessment
£995,915
Total Assessment
£2,329,730
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