1520-1610 Willowbrook Ave Compton, CA 90222

Property Details for 1520-1610 Willowbrook Ave

Year built

1970

Property size

9,375 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional Compton, CA investment opportunity presents a 9,375 square foot mixed-use property ideally situated on a 24,429 square foot lot. The property comprises two, two-story buildings constructed in 1970 and 1973, offering a blend of medical office, shopping center, and traditional office spaces. Currently boasting a NOI of $21,240, a pro-forma NOI of $140,185 projects significant upside potential for investors. The asking price is $1,475,000, representing a current cap rate of 1.44% and a pro-forma cap rate of 9.50%. The property features 26 parking spaces and benefits from a prime location less than three-quarters of a mile from the Compton Blue Line Station, and within two miles of the 105 and 710 Freeways, ensuring excellent accessibility. Its prominent 163-foot frontage on Willowbrook Avenue provides exceptional visibility. The strong demographics, with over 50,000 residents within a one-mile radius and over 300,000 within three miles, create a substantial potential customer base. The property is zoned COCL and includes two APNs: 6153-029-014, 6153-029-027, and 6153-030-001. This multi-tenant property offers a compelling opportunity for both owner-users and investors seeking a high-growth potential investment in a densely populated area of Los Angeles County. The property's location near Downtown Compton provides access to a range of amenities and services. This is a rare chance to acquire a well-positioned mixed-use asset with significant upside potential.

Location Insight

City

Compton

County

Los Angeles

State

California

Longitude

-118.226

Latitude

33.9067