Property Detail

Description

Fully Occupied Three-Unit Commercial Investment Property Excellent opportunity to acquire a fully leased commercial investment property located on E. Compton Boulevard in the City of Compton. The property consists of three separately leased commercial spaces, providing investors with multiple rental income streams and immediate cash flow. The building is currently 100% occupied, generating $9,100 in monthly rental income and $109,200 annually. Current Rental Breakdown: 1644 E. Compton Blvd.: $4,900/month 1650 E. Compton Blvd. – Front: $2,500/month 1650 E. Compton Blvd. – Rear: $1,700/month Offered at $1,265,000, the property features a gross rent multiplier (GRM) of approximately 11.58 and a cap rate of 6.58%. An attractive opportunity for investors seeking an income-producing commercial property with established tenants and multiple sources of rental income. Asking Price: $1,265,000