$540,000
$599,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
4,024 Sqft Lot
SOLD DATE : 10/11/2022
Key Details
Sold Price $540,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22162191
Sold Date 10/11/22
HOA Y/N No
Year Built 1947
Lot Size 4,024 Sqft
Property Sub-Type Retail
Property Description
Realty Group Advisors is proud to present another great, multi-tenant retail opportunity in Compton located at 1449 Compton Blvd. Built in 1947, this property stands at 3,299 square feet of space on a lot size of 4,029 square feet total. The property boasts of 3 retail units, consisting of two vacant units ready for leasing with the potential for substantial upside and being sold at a 11.25% cap rate. Just down the street from the upcoming Compton Blvd City Development, this property has the potential to be owner user and/or investment, with ample units to welcome multitude of businesses allowed in the Zone COCL (Limited Commercial Zoning) for permissible uses and uses with CUP-- ( https://ecode360.com/35622633 )
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Water Private
Others
Tax ID 6183003001
Financing Private
Special Listing Condition Standard
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