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For Sale

$1,265,000

8,677 sqft$146/sqft222 days on market

1644 E Compton Boulevard

Compton, CA 90221

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

8,677

Square feet

1948

Built

Listing narrative

Description

Fully Occupied Three-Unit Commercial Investment Property Excellent opportunity to acquire a fully leased commercial investment property located on E. Compton Boulevard in the City of Compton. The property consists of three separately leased commercial spaces, providing investors with multiple rental income streams and immediate cash flow. The building is currently 100% occupied, generating $9,100 in monthly rental income and $109,200 annually. Current Rental Breakdown: 1644 E. Compton Blvd.: $4,900/month 1650 E. Compton Blvd. – Front: $2,500/month 1650 E. Compton Blvd. – Rear: $1,700/month Offered at $1,265,000, the property features a gross rent multiplier (GRM) of approximately 11.58 and a cap rate of 6.58%. An attractive opportunity for investors seeking an income-producing commercial property with established tenants and multiple sources of rental income. Asking Price: $1,265,000

Listing agent (MLS): Dene Molina · Listing brokerage (MLS): Empiric Brokers Realty

Property Details

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Price

$1,265,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

8,677 sqft

Baths

Baths n/a

Lot Size

0.20 acres

Year

1948

Status

For Sale

Days on Market

222

$ / Sqft

$146

· 8% down, 7% APR, 30yr fixed
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Courtesy of Empiric Brokers Realty