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Capture consistent monthly rental income from this fully leased, multi-tenant commercial property. Situated on a high-traffic thoroughfare in Compton, conveniently located near schools and shopping districts, this asset provides a reliable and steady cash flow. The property is occupied by established tenants with robust rental agreements secured through multi-year leases, featuring annual contractual escalations. Offering an astonishing cap rate exceeding 12%, this represents a prime investment opportunity with long-term income stability.
Last Updated | 9/16/2024 | Year Built | 1926 |
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Community | Compton S of Rosecrans, E of Central,W of Ala | County | Los Angeles |
Price History
Prior to Jul 22, '24 | $525,000 |
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Jul 22, '24 - Aug 1, '24 | $499,000 |
Aug 1, '24 - Sep 16, '24 | $450,000 |
Sep 16, '24 - Today | $525,000 |
Additional Details
AREA | Compton S of Rosecrans, E of Central,W of Ala |
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LOT | 2179 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
STORIES | 1 |
TAXES | 3128 |
UTILITIES | Electricity Connected,Water Connected |
WATER | Public |
Location
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