See all 2 photos
$525,000
Est. payment /mo
1,161 SqFt
Active Under Contract
911 N Wilmington AVE Compton, CA 90220
UPDATED:
10/23/2024 11:23 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $452
MLS Listing ID SB24012638
HOA Y/N No
Year Built 1926
Annual Tax Amount $3,128
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Description
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
Rooms
Ensuite Laundry None
Interior
Laundry Location None
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
Listed by Amie Shepard β’ West Shores Realty, Inc. β’ 310-686-4544