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Compton Retail Investment Opportunity
For Sale
$1,950,000

118 N Long Beach, Compton, CA 90221

Retail property in Compton, California with five existing stores.

Property Size5,750 SF
Lot Size0.29 Acres
Price / SF$339.13
Days on Market95

Property Features for 118 N Long Beach

General Information

Standard status Active
Size 5,750 SF
Lot size 0.29 Acres

Building Details

Building Size 5,750 SF
Year Built 1987
Stories 1
Listing Agency: New Star Realty & Investment
Listed By: Joy Heerak Youn
Source: Evrealestate
Added: May 21 Changed: Aug 23 Last Checked: Aug 23 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Star Realty & Investment

Investment Insights

Based on property information with market context.

The property, constructed in 1987, features a 5,750 square foot building on a 12,702 square foot lot. Located at 108-120 Long Beach Blvd in Compton, California, the property is zoned COCL. Currently, five retail stores operate within the building. The location has a walk score of 77, indicating it is very walkable, and a bike score of 53, making it bikeable. This property is being sold in its current as-is condition and presents an investment opportunity.

Key Highlights

  • Excellent location at the intersection of Compton and Long Beach.
  • High Walk Score of 77 (Very Walkable).
  • Substantial 5,750 sq/ft building size.

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$127,216
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.52%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,544,320 $2.5M
Cap Rate 7%
$1,817,371 $1.8M
Cap Rate 9%
$1,413,511 $1.4M
Market Conditions
NOI Build-Up for 5,750 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$194.6K $33.84/SF
− Vacancy
−$12.8K −$2.23/SF
EGI
$181.7K $31.61/SF
− OpEx
−$54.5K −$9.48/SF
NOI
$127.2K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,544,320
Cap Rate 7%
$1,817,371
Cap Rate 9%
$1,413,511

Alternative Uses

Best Use
Retail
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,216 @ 7.0% cap · market cap 6.52%
Second Best
no second resolved use
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M (±1% cap)
NOI $215,497 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

My Town Insurance ... Tax Preparation IMPERIAL Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,398
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 100%
Church's Chicken Dining
13,889 visits/mo 0.5 miles

Demographics for 90221, CA

52,561
Population
12,854
Households
4.1
Avg Household Size
31
Median Age
8%
College-Educated
58%
High-School Grad
5.4 sq mi
ZIP Area
9,734
Density / Sq Mi
$68,191
Median Household Income
$34,426
Median Earnings
$1,600
Median Rent
$541,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail property in Compton, California with five existing stores.
Where is this storefront property located?
The property is located at 118 N Long Beach Compton, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Excellent location at the intersection of Compton and Long Beach.; High Walk Score of 77 (Very Walkable).; Substantial 5,750 sq/ft building size.
More about this property
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