Two-Tenant Corner
For Sale
Contact for pricing
911 N WILMINGTON AVE, Compton, CA 90220
Fully occupied retail building with short-term leases and access to multiple regional freeways.
Property Size1,161 SF
Lot Size0.05 Acres
Price / SF$688.20
Days on Market8
Property Features for 911 N WILMINGTON AVE
General Information
Standard status
Active
Size
1,161 SF
Lot size
0.05 Acres
Property subtype
Retail, Industrial
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$57,029
Site & Location
Corner Location
Yes
Traffic Count
60,000 vehicles/day
Highway Access
Yes
Additional Details
Cap Rate
9%
Building Details
Year Built
1926
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Exclusive Realty & Finance
(213) 840-3646
Listed By:
Harry Babajoni · License #01267105
Source:
Crexi
Added: Aug 4
Changed: Aug 9
Last Checked: Aug 10 at 12:51PM
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 Exclusive Realty & Finance
Investment Insights
Based on property information with market context.
This two-tenant storefront property occupies a corner at North Wilmington Avenue and West Spruce Street in Compton. The building contains approximately 1,161 square feet of improvements on a 2,179 square foot lot and was built in 1926. Both tenant spaces are occupied, while short-term leases may support future owner-user occupancy.
The property is positioned just south of the Rosecrans and Wilmington intersection, where traffic is reported at 60,000 vehicles per day. Regional access includes the 91, 105, 710, and 110 freeways. Nearby civic, retail, and educational amenities add to the surrounding commercial context.
The property is positioned just south of the Rosecrans and Wilmington intersection, where traffic is reported at 60,000 vehicles per day. Regional access includes the 91, 105, 710, and 110 freeways. Nearby civic, retail, and educational amenities add to the surrounding commercial context.
Key Highlights
- Two‑tenant corner commercial building at North Wilmington Avenue and West Spruce Street
- Approximately 1,161 square feet of improvements on a 2,179 square foot lot
- Fully occupied with short‑term leases
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
$25,687
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
3.21%
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%
$513,740
$513.7K
Cap Rate 7%
$366,957
$367.0K
Cap Rate 9%
$285,411
$285.4K
Market Conditions
NOI Build-Up for 1,161 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
$39.3K $33.84/SF
− Vacancy
−$2.6K −$2.23/SF
EGI
$36.7K $31.61/SF
− OpEx
−$11.0K −$9.48/SF
NOI
$25.7K $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%
$513,740
Cap Rate 7%
$366,957
Cap Rate 9%
$285,411
Alternative Uses
Best Use
Retail
$367.0K
$321.1K – $428.1K
NOI $25,687 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$621.6K
$543.9K – $725.2K
NOI $43,512 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
60,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90220, CA
50,412
Population
14,067
Households
3.6
Avg Household Size
33
Median Age
13%
College-Educated
68%
High-School Grad
6.9 sq mi
ZIP Area
7,306
Density / Sq Mi
$77,535
Median Household Income
$36,074
Median Earnings
$1,557
Median Rent
$514,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Villa Flowers — 1300 N Wilmington Ave, Compton, CA 90222
- Lucero's Flower Shop — 211 N Central Ave, Compton, CA 90220
Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied retail building with short-term leases and access to multiple regional freeways.
Where is this storefront property located?
The property is located at 911 N WILMINGTON AVE Compton, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑tenant corner commercial building at North Wilmington Avenue and West Spruce Street; Approximately 1,161 square feet of improvements on a 2,179 square foot lot; Fully occupied with short‑term leases
