Commercial property
Listing Agent: Dene Molina (DRE #01067683) · Listing Office: Empiric Brokers Realty · Contact: 562 756-0410 · Bought with: Dene Molina · Empiric Brokers Realty · MLS #RS24008097 · Source: CRMLS
Great Cash flow! Commercial property that's generating $9,878 in rents per month. Cap rate of 8.9%. In the the city of Compton centrally located between the 91 and the 105 fwys west of the 710 fwy. The 1644 and 1650 E. Compton Blvd property consists of 6,560 sq ft on a lot that measures 8,676 sq ft conveniently positioned on the corner of E. Compton Blvd and Essey Ave with alley access. The property was reroofed in 2017 and the electrical panel was ungraded that same year. The property has alley access to gated parking. Can be sold as a package deal with the property next door.
Listing description from the April 2024 sale, as reported to CRMLS.