1702-1710 N Long Beach Blvd - Storefront Retail/Residential FOR SALE


Compton, CA 90221
$1,799,000 USD
310-878-6892
1702-1710 N Long Beach Blvd, Compton, CA for Sale
$1,799,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | 11.77% Cap Rate

1702-1710 N Long Beach Blvd
Compton, CA 90221


HIGHLIGHTS

  • 12% +/- Cap Rate, $211 per SF, $89 per Land SF
  • Two-story mixed-use retail and residential property located on the commercial corridor of North Long Beach Boulevard with ample parking
  • Well maintained assets with excellent cash flow
  • Surrounded by a strong mix of national and local retailers within walking distance including Walmart Supercenter, Dollar Tree, R-Ranch Markets, McDona
  • Dense population - over 861,000 people within a five-mile radius and tra?ic counts over 27,000 vehicles per day
  • Accessible to the 105 and 710 freeways

OVERVIEW

Cash flow day one with a 11.77% +/- Cap Rate. The subject property is an 8,512 SF mixed-use retail and residential building situated on a 20,291 sf lot, located at 1702 N. Long Beach Boulevard in Compton, CA. Located just north of the signalized corner of North Long Beach Boulevard and East Rosecrans Avenue in the city of Compton. The subject property has strong occupancy and produces excellent cash flow. North Long Beach Boulevard is a major commercial north/south thoroughfare through the city of Compton with excellent traffic counts. The property has high daily traffic counts with over 27,400 vehicles per day and is conveniently located by the 105 and 710 freeways. Multiple strong retailers are within proximity, including a Walmart Supercenter, R-Ranch Markets, Dollar Tree, Subway, McDonald’s, and Church’s Chicken.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

11.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CL

APN/PARCEL ID

6177-005-010

ASK ABOUT THIS PROPERTY

Tim SteuernolNAI CapitalMore Info
310-878-6892

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Tim SteuernolNAI CapitalMore Info
310-878-6892

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.