Two-Unit Retail
799-803 S Long Beach Blvd Compton, CA 90221
799-803 S Long Beach Blvd, Compton, CA, 90221
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For Sale
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Two separate retail units include one NNN-leased space and one vacant unit, with shared rear parking and a newer roof.
Property Size3,000 SF
Price / SF$325
Days on Market92
Property Features for 799-803 S Long Beach Blvd
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Major Properties
(310) 880-2329
Listed by
Ryan Kirschner · License #CA 02317290
Source
Crexi
Added: Apr 21 Updated: Jul 21 at 2:57AM Checked: Jul 21 at 2:57AM
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 Major Properties
Investment Insights
Based on property information with market context.
This two-unit retail building offers separate configurations, with Unit 1 leased to a flower shop on a 5-year NNN lease and Unit 2 currently vacant for immediate lease-up or owner-occupancy. The property includes functional interior layouts and a kitchenette in Unit 1. A shared rear parking lot provides access via Crane Avenue.
The asset is positioned on S Long Beach Blvd just north of Alondra Blvd, providing strong visibility in a high-traffic area. The owner reports a recent improvement of a roof approximately two years old.
With two discrete retail units and a proven rental component through the leased space, the property is designed to support flexible use by a qualified owner-operator or investor seeking income from the NNN tenant while the vacant unit is brought online.
The asset is positioned on S Long Beach Blvd just north of Alondra Blvd, providing strong visibility in a high-traffic area. The owner reports a recent improvement of a roof approximately two years old.
With two discrete retail units and a proven rental component through the leased space, the property is designed to support flexible use by a qualified owner-operator or investor seeking income from the NNN tenant while the vacant unit is brought online.
Key Highlights
- Two separate retail units with one leased and one vacant for lease‑up or owner‑occupancy
- Unit 1 leased to a flower shop on a 5‑year NNN lease with $20,676 year‑one base rent
- Unit 2 is currently vacant (previously rented at $3,400/month)
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 | $101.5k | $33.84 |
| − Vacancy | −$6.7k | −$2.23 |
| EGI | $94.8k | $31.61 |
| − OpEx | −$28.4k | −$9.48 |
| NOI | $66.4k | $22.12 |
3,000 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$948.2K
$829.7K – $1.11M
NOI $66,374 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,433 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Two separate retail units include one NNN-leased space and one vacant unit, with shared rear parking and a newer roof.
Where is this storefront property located?
The property is located at 799-803 S Long Beach Blvd Compton, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two separate retail units with one leased and one vacant for lease‑up or owner‑occupancy; Unit 1 leased to a flower shop on a 5‑year NNN lease with $20,676 year‑one base rent; Unit 2 is currently vacant (previously rented at $3,400/month)
