Flex Space with
1638 Compton Boulevard Compton, CA 90221
1638 Compton Boulevard, Compton, CA, 90221
$649,000
For Sale
$649,000
Renovated light industrial flex storefront with flexible layout, 200-amp power, and gated rear parking with patio use.
Property Size2,700 SF
Lot Size0.09 Acres
Price / SF$240.37
Days on Market141
Property Features for 1638 Compton Boulevard
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 0.09 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1947
Listing agency
Empiric Brokers Realty
(562) 904-9721
Listed by
Dene Molina · License #01067683
Source
Xome
Added: Mar 4 Updated: Jul 22 at 10:43PM Checked: Jul 22 at 10:43PM
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 Empiric Brokers Realty
Investment Insights
Based on property information with market context.
This renovated flex space combines a storefront setting with light industrial functionality. The building offers a flexible interior layout optimized for uses such as a showroom, art gallery, studio, industrial office space, pop-up concepts, or creative retail. A 200-amp electrical panel is included, and the rear alley provides access to gated parking that can also function as private outdoor patio space.
Situated on a lot along a major thoroughfare, the property is positioned for visibility and convenient access. The location is described as being very close to freeways and public transportation.
The property is located in Compton’s Commercial zone, which is stated to allow for a variety of uses. Rear alley access and the adaptable configuration make the space workable for tenants looking for both customer-facing and flexible back-of-house areas.
Situated on a lot along a major thoroughfare, the property is positioned for visibility and convenient access. The location is described as being very close to freeways and public transportation.
The property is located in Compton’s Commercial zone, which is stated to allow for a variety of uses. Rear alley access and the adaptable configuration make the space workable for tenants looking for both customer-facing and flexible back-of-house areas.
Key Highlights
- Renovated light industrial retail flex storefront with a flexible layout for showroom, art gallery, studio, office, or creative retail uses
- 2,700 SF storefront on a 4,120 SF lot along a major thoroughfare
- Gated rear parking with access from the rear alley; parking can also be used as a private outdoor patio space
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 | $91.4k | $33.84 |
| − Vacancy | −$6.0k | −$2.23 |
| EGI | $85.3k | $31.61 |
| − OpEx | −$25.6k | −$9.48 |
| NOI | $59.7k | $22.12 |
2,700 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$853.4K
$746.7K – $995.6K
NOI $59,736 @ 7.0% cap · market cap 9.20%
Second Best
Industrial
$450.7K
$394.4K – $525.9K
NOI $31,552 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,190 @ 7.0% cap · market cap 15.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- City BBQ & Catering — 1104 E Peck St, Compton, CA 90221
- Big Daddy's Tacos & Wings — compton, ca 90220
- Taquizas alejandro — 937 E Rosecrans Ave, Compton, CA 90221
- Johnson Brothers BBQ — 1710 E Compton Blvd, Compton, CA 90221
FAQs
What type of property is this?
Flex space - Renovated light industrial flex storefront with flexible layout, 200-amp power, and gated rear parking with patio use.
Where is this flex space located?
The property is located at 1638 Compton Boulevard Compton, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Renovated light industrial retail flex storefront with a flexible layout for showroom, art gallery, studio, office, or creative retail uses; 2,700 SF storefront on a 4,120 SF lot along a major thoroughfare; Gated rear parking with access from the rear alley; parking can also be used as a private outdoor patio space
