541 W Rosecrans Avenue, Compton, CA 90222
Commercial property · 3 recorded sales since 2016
Sold October 2023
Listing Agent: Reyes Mejia (DRE #01868073) · Listing Office: Realty Group Advisors · Contact: 323-273-1457 · Bought with: Gina Hoadley · Virginia Hoadley · MLS #DW23047740 · Source: CRMLS
About this commercial property
pleased to present 541 W Rosecrans Ave, a mixed-use property consisting of 5 commercial units and 1 residential unit for sale. The property is located in a prime location in Compton, California, on a busy street with high foot and vehicle traffic. The commercial units are located on the ground floor of the building and are suitable for various types of businesses, such as retail stores, offices, small service-oriented businesses, or light industrial and manufacturing businesses. The units are well-maintained and equipped with modern amenities such as heating systems, restrooms, and large storefront windows for maximum visibility. However, please note that the units do have air conditioning. The residential unit is located in the back of the building and features two bedrooms and one bathroom. The unit is spacious and well-lit, with modern fixtures and fittings, including a full kitchen and a living room. The unit provides a quiet and comfortable living space away from the busy street and commercial units. The property currently generates $51,571 in annual net income from the leased units. There is significant upside potential in the property as there are three vacancies that can be filled with new tenants, increasing the income potential. Additionally, the property can be an ideal investment opportunity for an owner-user who can occupy one of the commercial units and help pay the mortgage while also benefiting from the rental income from the other units. The property does not have any parking spaces on site, but there are public parking lots and street parking available nearby. Overall, 541 W Rosecrans Ave is an excellent investment opportunity for those seeking to own a mixed-use property in a prime location in Compton. However, it is recommended to consult a licensed real estate agent or conduct a thorough inspection of the property to obtain the most accurate and up-to-date information about the property's condition, features, and pricing.
Listing description from the October 2023 sale, as reported to CRMLS.
Sale history
