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1702-1710 N Long Beach Blvd
Compton, CA 90221

$1,799,000 USD

Storefront Retail Residential For Sale • 8,512 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 8,512 SF
Lot Size 0.46 AC
Building Class C
Year Built 1937
Cap Rate 11.77 %
Tenancy Multiple
Zoning CL

0 Transit Score

78 Walk Score

                
                    Highlights
                
                                12% +/- Cap Rate, $211 per SF, $89 per Land SF
                            
                                Two-story mixed-use retail and residential property located on the commercial corridor of North Long Beach Boulevard with ample parking
                            
                                Well maintained assets with excellent cash flow
                            
                                Surrounded by a strong mix of national and local retailers within walking distance including Walmart Supercenter, Dollar Tree, R-Ranch Markets, McDona
                            
                                Dense population - over 861,000 people within a five-mile radius and tra?ic counts over 27,000 vehicles per day
                            
                                Accessible to the 105 and 710 freeways

Financial Summary (Actual)

Net Operating Income: $215,911 USD (2023)

Cap Rate:	11.77 %
Total Expenses:	$92,417 USD

Amenities

Bus Line
Signage
Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	17 min	-	9.5 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	16 min	-	9.2 mi
Los Angeles International	19 min	-	14.4 mi
Bob Hope	40 min	-	27.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	21
Type:	Surface
Included in Rent:	Yes

Tim Steuernol 310-406-9110 NAI Capital

1702-1710 N Long Beach Blvd Compton, CA 90221