14
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$6,150,000
Est. payment /mo
20,865 SqFt
Pending
10221 Compton Avenue Los Angeles, CA 90002
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 20,865 sqft
Price per Sqft $294
MLS Listing ID CL25551169
HOA Y/N No
Year Built 1997
Lot Size 0.687 Acres
Acres 0.69
Property Sub-Type Comm Ind For Sale
Property Description
Proudly presenting an exclusive opportunity to acquire a stabilized, income-producing mixed-use office/retail building located in the heart of South Los Angeles, prominently anchored by Chase Bank, a strong national credit tenant. Constructed in 1997, the building has been exceptionally built and maintained with the highest standards. This well-positioned asset offers an immediate return with a cap rate exceeding 6.0%, providing strong in-place cash flow from established long-term tenants. Priced to sell, the property features significant upside through rental income growth and lease restructuring. Current lease terms offer the ability to implement operating expense reimbursements and adjust below-market rents, creating additional value for the investor. Strategically located in a dense urban corridor of South Los Angeles, the property benefits from high visibility, strong foot traffic, and proximity to major transportation routes and city landmarks. It sits approximately 7 miles from Downtown Los Angeles, 6 miles from USC and Exposition Park, and about 13 miles from LAX. The surrounding area is a vibrant, evolving community with a mix of residential, retail, and civic uses, offering long-term growth and tenant demand. This investment is ideal for those seeking a combination of i
Location
State CA
County Los Angeles
Zoning LAPF
Interior
Interior Features Elevator
Heating Other
Fireplace No
Building
New Construction No
Others
Tax ID 6048012027
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Listed by Enrique Viramontes • Remax Commercial and Investment Realty
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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