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Listed by Amie Shepard • West Shores Realty, Inc.
$499,000
Est. payment /mo
Price Dropped by $26K
911 North Wilmington Avenue Compton, CA 90220
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UPDATED:
12/12/2024 10:11 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-24012638
Year Built 1926
Annual Tax Amount $3,128
Tax Year 2024
Property Description
$5995 rental INCOME per month!! Capture consistent monthly rental income from this fully leased, multi-tenant commercial property. Situated on a high-traffic thoroughfare in Compton, conveniently located near schools and shopping districts, this asset provides a reliable and steady cash flow. The property is occupied by established tenants with robust rental agreements secured through multi-year leases, featuring annual contractual escalations. Offering an astonishing cap rate exceeding 12%, this represents a prime investment opportunity with long-term income stability.
Location
State CA
County Los Angeles
Interior
Laundry None
Exterior
Utilities Available Electricity Connected
Building
Lot Description 0-1 Unit/Acre