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    Free Standing Retail Building Title is generated by Realmo AI

    1228 E Compton Blvd, Compton, CA

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    Retail building with rear parking, seller financing possible.

    Type:RETAIL
    Property size:
    1,586 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $283/SF
    Added:
    Aug 28, 2023
    Days on Market:
    1023
    Last Refresh:
    May 20 at 8:49 pm

    Property Features for 1228 E Compton Blvd

    General Information

    Standard status
    Active
    Size
    1,586 SF
    Lot size
    0.08 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Patrick O'Loughlin

    Listing agent Patrick O'Loughlin

    Listing office Patrick O'Loughlin - Broker

    Listing date Aug 28, 2023

    Source Moodyscre

    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 Patrick O'Loughlin - Broker

    HighLights

    • Seller financing available with 50% down
    • Free standing building
    • Rear parking

    Overview

    This is a small, free-standing retail building that includes rear parking. Seller financing options may be available with 50% down. The property has a size of 1586 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $53.7k $33.84
    − Vacancy −$3.5k −$2.23
    EGI $50.1k $31.61
    − OpEx −$15.0k −$9.48
    NOI $35.1k $22.12
    1,586 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $501.3K
    $438.6K – $584.8K (±1% cap)
    NOI $35,090 @ 7.0% cap · market cap 7.80%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $849.1K
    $743.0K – $990.7K (±1% cap)
    NOI $59,440 @ 7.0% cap · market cap 13.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    A (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Paredes Flower Shop — Compton, CA 90221
    • Floral By Ana — 4408 Rosecrans Ave, Compton, CA 90221
    • Rubi's Flower Shop — 4408 Rosecrans Ave A, Compton, CA 90221
    • Isabel's Flower Shop — 7039 Somerset Blvd, Paramount, CA 90723

    Location Insight

    • Map
    • Local Demand
    City
    Compton
    County
    Los Angeles
    State
    California
    Longitude
    -118.21
    Latitude
    33.8957

    FAQs

    What type of property is this?
    Storefront property - Retail building with rear parking, seller financing possible.
    Where is this storefront property located?
    The property is located at 1228 E Compton Blvd Compton, CA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Seller financing available with 50% down; Free standing building; Rear parking
    (310) 774-7555 Call to check price and availability
    More about this property
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