Compton, CA 90220,911 N Wilmington AVE
Compton, CA 90220,911 N Wilmington AVE
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$ 499,000
Est. payment | /mo

2,178 Sqft Lot


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$ 499,000
Est. payment | /mo
Save

2,178 Sqft Lot

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

California Regional MLS (CRMLS)
Listed by Amie Shepard • West Shores Realty, Inc. • 310-686-4544
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911 N Wilmington AVE