Compton, CA 90221,1644 E Compton BLVD
Compton, CA 90221,1644 E Compton BLVD
Compton, CA 90221,1644 E Compton BLVD
25
$1,000,000
$1,095,000
8.7%
Est.Price: ?

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8,677 Sqft Lot

1644 E Compton BLVD Compton, CA 90221

Est. payment /mo
SOLD DATE : 04/22/2024

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Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS24008097

Sold Date 04/22/24

HOA Y/N No

Year Built 1948

Annual Tax Amount $6,238

Lot Size 8,677 Sqft

Lot Dimensions Assessor

Property Description

Great Cash flow! Commercial property that's generating $9,878 in rents per month. Cap rate of 8.9%. In the the city of Compton centrally located between the 91 and the 105 fwys west of the 710 fwy. The 1644 and 1650 E. Compton Blvd property consists of 6,560 sq ft on a lot that measures 8,676 sq ft conveniently positioned on the corner of E. Compton Blvd and Essey Ave with alley access. The property was reroofed in 2017 and the electrical panel was ungraded that same year. The property has alley access to gated parking. Can be sold as a package deal with the property next door.

Location

State CA

County Los Angeles

Area Rprk - Rancho Park

Interior

Fireplace No

Laundry None

Exterior

Fence Wrought Iron

Utilities Available Electricity Connected, Water Connected

Roof Type Rolled/Hot Mop,See Remarks

Total Parking Spaces 6

Building

Lot Description Corner Lot, Near Public Transit, Walkstreet

Story 1

Water Public

Others

Tax ID 6183024014

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Dene Molina • Empiric Brokers Realty • 562 756-0410
Bought with Dene Molina • Empiric Brokers Realty

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Leo Chen

Agent | License ID: 01958853

+1(949) 238-2346

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