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Discover an exceptional investment opportunity with this L-shaped retail building on high-traffic Long Beach Blvd in Compton. Covering 6,176 SF on a 14,985 SF lot, this property offers a diverse mix of five occupied units (market, barber shop, water store, Mexican restaurant, and studio) and one vacant space, formerly a donut shop. The total potential monthly rent, including the vacant unit, is $12,950, showcasing strong income-generating capacity in an area with high retail demand and limited new supply. This prime commercial real estate presents an excellent opportunity for investors seeking a stable, income-producing property with immediate upside potential. With its strategic location, diverse tenant mix, and the potential to increase rent to match current market rates, this property offers both reliable cash flow and significant growth potential. Don't miss your chance to secure this valuable asset in the heart of Compton's thriving retail landscape, where you can capitalize on rising rental trends and maximize your investment returns.PROPERTY FEATURES
Water Source: Public
# of Parking Spaces: 20.00
Lot Features: 2-5 Units/Acre,Lot 10000-19999 Sqft
Land Use: Retail
Current Use: Commercial
Business Type: Retail
Parcel Identification Number: 6178024002
Occupancy: Occupied
Construction: Stucco
Year Built Source: Other
Laundry Features: None
Laundry: Has Laundry
MLSAreaMajor: 699 - Not Defined
PROPERTY DETAILS
Street Address: 609 N Long Beach Boulevard
City: Compton
State: California
Postal Code: 90221
County: Los Angeles
MLS Number: PW24223807
Year Built: 1946
Courtesy of Coldwell Banker Best Realty
City: Compton
State: California
Postal Code: 90221
County: Los Angeles
MLS Number: PW24223807
Year Built: 1946
Courtesy of Coldwell Banker Best Realty
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