1916 E Rosecrans Avenue, Compton, CA 90221

About this commercial property

The property is currently 100% occupied by three tenants, Yolanda's Beauty Salon, Jo's Mini Market & Martinez Carpets. All tenants are currently on month-to-month leases. There are 4 parking spaces located in the rear of the property via alley access off of Bradfield Avenue. The property is being offered at only $154 per square foot. A new investor has the opportunity to capture significant returns by renovating the interior spaces and up grading the facade. Conservative estimates for post rehab lease rates bring the proforma cap rate to an alluring 9.74%.

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$320,000

Sold December 2023 · listed $300,000, on market October 2023 · MLS #23320115 · Source: CRMLS

Listing Agent: Maurius Jeffery · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: BETTY RODRIGUEZ · REALTY MASTERS & ASSOCIATES

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