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511 N Wilmington Avenue

Compton, CA 90220
  • $369,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: IV21154022
UPDATED: 52 min ago
$369,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1945
County:

School Ratings & Info

Listing provided courtesy of Gurjeet Bhatia of Kb Real Estate

Description

Single Tenant Lease Investment Wilmington Community Market - Income producing free-standing retail building of approximately 1,534 square feet occupied by a long term essential services Tenant. Tenant pays annual gross rents of $22,800 plus all common area maintenance, utilities, and upkeep of the property. Staggered rent increases in place for future income increase with option to renew. The property is strategically located with prominent visibility on the signalized intersection of Wilmington Avenue and Poplar Street. City of Compton is also known as the "HUB CITY because of its unique position and its easy accessibility to and from five freeways. Approximately 1.8 miles to the I-105 fwy & CA-91 fwy and 2.9 miles to I-710 fwy and 2.7 mile to I- 110 fwy. Lease details to be provided upon request. Property is close to many elementary & High School, across from street just walkable distance to Benjamin Davis Middle School. Only 0.5 miles to Compton downtown. Just 1.6 miles to Martin Luther King Jr. Community hospital. Also close to Compton Woodley Airport just 0.7 miles. The property is currently occupied by a Tenant and the business is not for sale, just the building in as- is- condition.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T16:31:07.473. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/119311902
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511 N Wilmington Avenue Compton, CA 90220

  • Price: $369,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 52 min ago
  • ID#: IV21154022
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1945
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Single Tenant Lease Investment Wilmington Community Market - Income producing free-standing retail building of approximately 1,534 square feet occupied by a long term essential services Tenant. Tenant pays annual gross rents of $22,800 plus all common area maintenance, utilities, and upkeep of the property. Staggered rent increases in place for future income increase with option to renew. The property is strategically located with prominent visibility on the signalized intersection of Wilmington Avenue and Poplar Street. City of Compton is also known as the "HUB CITY because of its unique position and its easy accessibility to and from five freeways. Approximately 1.8 miles to the I-105 fwy & CA-91 fwy and 2.9 miles to I-710 fwy and 2.7 mile to I- 110 fwy. Lease details to be provided upon request. Property is close to many elementary & High School, across from street just walkable distance to Benjamin Davis Middle School. Only 0.5 miles to Compton downtown. Just 1.6 miles to Martin Luther King Jr. Community hospital. Also close to Compton Woodley Airport just 0.7 miles. The property is currently occupied by a Tenant and the business is not for sale, just the building in as- is- condition.
Exterior Features

Lot Features LevelStreet LevelWalkstreet

Property Features

Additional Parcels YN No Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashCash To New LoanSubmit Property Sub Type Retail Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T16:31:07.473. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing provided courtesy of Gurjeet Bhatia of Kb Real Estate