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609 N Long Beach Blvd
Compton, CA 90221

Retail Property For Sale

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Executive Summary

This L-shaped retail building, located on high-traffic Long Beach Blvd in the heart of Compton, offers 5 fully occupied units,
with a diverse mix of stable, long-term tenants, including a market, donut shop, barber shop, water store, and a well-known
Mexican restaurant. Covering 6,176 SF on a 14,985 SF lot, this property presents an excellent investment opportunity with
reliable income in an area where retail demand remains strong and new supply is limited. Don’t miss your chance to secure
this prime piece of commercial real estate!

PROPERTY FACTS

Sale Type

Investment

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Freestanding

Building Size

6,176 SF

Building Class

Year Built

1948

Price

£1,743,127

Price Per SF

£282

Net Initial Yield

4.45%

NOI

£77,490

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.35

Lot Size

0.40 AC

Zoning

COCL, Compton

Parking

22 Spaces (2.54 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Numbers	Multiple 6178-024-001 6178-024-002	Improvements Assessment	£568,865
Land Assessment	£666,232	Total Assessment	£1,235,096

PROPERTY TAXES

Parcel Numbers

Multiple

6178-024-001
6178-024-002

Land Assessment

£666,232

Improvements Assessment

£568,865

Total Assessment

£1,235,096

Listing ID: 34011913
Date on Market: 26/11/2024
Last Updated:
Address: 609 N Long Beach Blvd, Compton, CA 90221

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