1315 N Bullis Road, Compton, CA 90221

About this commercial property

High cap rate of 7.71%! 100% occupied. Only $139/sq.ft. $139/sf is below cost to build. Great net income. Actual income of $290,340. Net income: $219,188. Low expense: $71,152. Market Rent at $343,002. Current rents are below market. Great upside potential with extremely stable tenant base. Market Rent is $343,002. Market CAP is 9.92%. Easy access to 105, 91, 110, and 710 freeways. Major cross streets are: Long Beach Blvd. and Rosecrans. 1.8 miles to St. Francis Medical Center. 0.4 miles to Walmart Superstore on Long Beach Blvd. Building is 20,311 sq. ft. 34,492 sq. ft. lot per seller (buyer to verify with city). Plenty of parking (48 spaces). Drive by only. Do not disturb tenants.

Listing description from the October 2018 sale, as reported to CRMLS.

Sale history

$2,620,000

Sold October 2018 · listed $2,842,000, on market August 2018 · MLS #AR18212637 · Source: CRMLS

Listing Agent: Benjamin Lin · Listing Office: RE/MAX 1000 Realty · Contact: 626-656-8600 · Bought with: Benjamin Lin · RE/MAX 1000 Realty

$2,167,000

Sold September 2017 · listed $2,200,000, on market August 2017 · MLS #AR17193677 · Source: CRMLS

Listing Agent: Benjamin Lin · Listing Office: RE/MAX 1000 Realty · Contact: 626-656-8600 · Bought with: Benjamin Lin · RE/MAX 1000 Realty

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