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Mixed-Use: Retail & Office(Potential Medical) 1520-1610 N. Willowbrook ave

9,375 SF Vacant Retail Building Compton, CA 90222 £1,165,265 (£124/SF) 1.51% Net Initial Yield

Investment Highlights

  • SELLER FINANCING MAY BE AVAILABLE!!!
  • EXCELLENT OPPORTUNITY FOR AN OWNER/USER OR AN INVESTOR WITH TENANT(S) IN MIND.
  • OUTSTANDING FRONTAGE; APPROX. 163 FEET ALONG WILLOWBROOK AVE.
  • APPROXIMATELY 9,375 SF 2 STORY BUILDING ON 24,429 SF LOT.
  • LESS THAN 3/4 OF A MILE FROM THE COMPTON BLUE LINE STATION.
  • GOOD DEMOGRAPHICS; OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 300,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

Executive Summary

Nestled in the heart of Compton, California, the property at 1520-1610 N. Willowbrook Ave. offers a unique mixed-use opportunity. The building consists of a two-story structure covering approximately 9,375 square feet and sits on a generous lot spanning around 24,429 square feet. SELLER FINANCING MAY BE CONSIDERED AS WELL.
The property boasts exceptional access to major transportation routes. It is less than ¾ of a mile from the Compton Blue Line Station. The location is also strategically located less than 2 miles from the 105 Freeway and less than 2.5 miles from the 710 Freeway, facilitating convenient connectivity to the broader Los Angeles region. This advantageous access is a valuable asset for businesses looking to establish a presence with regional reach.
Additionally, the property provides ample on-site parking with over 30 parking stalls. This dedicated parking area is complemented by plenty of street parking, offering convenience for both employees and customers. The availability of on-site parking enhances the property's appeal, making it an attractive choice for businesses that require parking for their operations.
Furthermore, the property is located less than 1 mile from Downtown Compton, providing easy access to the heart of the city. This central location opens doors to a range of amenities, services, and the vibrant atmosphere of Downtown Compton, contributing to the property's appeal.
One of the standout features is the substantial frontage, stretching approximately 163 feet along Willowbrook Ave. This ensures high visibility and easy access for businesses and their clientele. The property's prime location is enhanced by this impressive frontage, making it an ideal spot for signage and branding.
The property is in a densely populated area of Los Angeles; with over 50,000 people residing within a 1 mile radius and over 300,000 people residing within a 3-mile radius, providing a substantial customer base.
1520-1610 N. Willowbrook Ave. in Compton, CA, is a multifaceted mixed-use property with prime accessibility, ample parking, and proximity to Downtown Compton and public transportation. Its combination of retail and office spaces, strong demographic base, and dedicated on-site parking make it a promising choice for owner/users and investors.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Supermarket
Building Size
9,375 SF
Building Class
C
Year Built
1970
Price
£1,165,265
Price Per SF
£124
Net Initial Yield
1.51%
NOI
£17,643
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
0.38
Land Acres
0.57 AC
Opportunity Zone
Yes
Zoning
COCL*
Parking
25 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
162 ft on North Willowbrook Avenue

Nearby Major Retailers

The Habit Burger Grill
Yoshinoya
Chase Bank
Planet Fitness
Superior Grocers
Bank of America
Smart & Final
IHOP
Bank of Montreal
King Taco

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6153-029-014
  • 6153-029-027
  • 6153-030-001
Land Assessment
£1,072,926
Improvements Assessment
£1,169,009
Total Assessment
£2,241,934
  • Listing ID: 29843858

  • Date on Market: 20/10/2023

  • Last Updated:

  • Address: 1520-1610 N. Willowbrook ave, Compton, CA 90222

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