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911 Wilmington Ave Compton, CA 90220

Sponsored
For Sale
$499,000

High-yield retail property, fully leased.

Property size:
1,161 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fully leased, multi-tenant storefront property located at 911 N Wilmington Ave, Compton, CA 90220. The 1,161 square foot building, constructed in 1926 and renovated in an unspecified year, sits on a 2,179 square foot lot and offers four parking spaces. Currently boasting 100% occupancy with two tenants under NNN leases, the property generates a substantial NOI of $64,397 (pro-forma NOI: $59,640), translating to a compelling 12.91% cap rate (pro-forma: 11.95%). The leases are multi-year agreements, with the current term expiring May 31, 2027, leaving approximately 2.5 years remaining. The asking price is $499,000, resulting in a price per square foot of $429.80. The property is zoned CL and benefits from its location on a high-traffic street in Compton, near schools and shopping districts. This owner-user investment offers a strong, consistent monthly cash flow and significant long-term income potential. The property features a single story building. Tenants have no credit rating information available.

Property Features for 911 Wilmington Ave

General Information

Property type
Individual retail properties
Square Feet
1,161 SF
Class
B

Building Details

Year Built/Renovated
1926/1
Buildings
1
Stories
1
Units
2

HighLights

  • Fully leased multi‑tenant property with strong tenants.
  • $5,995 monthly cash flow.
  • NNN leases expiring between 2026 and 2027.
  • High‑traffic street location in Compton, CA.
Property Profile Location Intelligence

Current Use by Public Records

Dominguez Beauty Salon Beauty Salon Quality water Bottled Water Supplier

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Compton
County
Los Angeles
State
California
Longitude
-118.2382453
Latitude
33.9024513

FAQs

What type of property is this?
Individual retail property - High-yield retail property, fully leased.
Where is this individual retail property located?
The property is located at 911 Wilmington Ave Compton, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully leased multi-tenant property with strong tenants.; $5,995 monthly cash flow.; NNN leases expiring between 2026 and 2027.
More about this property
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