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$499,000
Est. payment /mo
2,178 Sqft Lot
UPDATED:
12/13/2024 07:14 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24012638
HOA Y/N No
Year Built 1926
Annual Tax Amount $3,128
Tax Year 2024
Lot Size 2,178 Sqft
Property Description
$5995 rental INCOME per month!! 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.
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Water Connected
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6156006001
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Amie Shepard • West Shores Realty, Inc. • 310-686-4544