$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.
The income description goes here to explain
List Price | $499,000 |
Property Type | Business |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 1926 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 6156006001 |
MLS # | SB24012638 |
Property ID | 292188930 |
Lot Sqft | 2,179 |
Zoning | Unknown |
Total Units | 2 |
Days on Market | 427 |
Original List Price | $525,000 |
Date Updated | December 13, 2024 |
Date Created | January 20, 2024 |
Financials not available online. Please inquire with your agent for more details.
Amie Shepard an agent of . Lic #01882892
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT