SOLD
$320,000
Date 12/20/2023

1916 E Rosecrans Avenue
Compton, CA 90221

Business Opportunities
Residence
2,100
Sqft
0.127
Lot Size
Listing Agent: Maurius Jeffery CalDRE: 01738154 - Marcus & Millichap

Description for 1916 E Rosecrans Avenue Compton, CA 90221

The property is currently 100% occupied by three tenants, Yolanda's Beauty Salon, Jo's Mini Market & Martinez Carpets. All tenants are currently on month-to-month leases. There are 4 parking spaces located in the rear of the property via alley access off of Bradfield Avenue. The property is being offered at only $154 per square foot. A new investor has the opportunity to capture significant returns by renovating the interior spaces and up grading the facade. Conservative estimates for post rehab lease rates bring the proforma cap rate to an alluring 9.74%.

Property Details

23320115
Business Opportunities, 1 Story
Los Angeles
1951
0.127 Acres
1
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Listing Agent: Maurius Jeffery CalDRE: 01738154 - Marcus & Millichap
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