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    609 Long Beach Blvd Compton, CA 90221

    Sponsored
    For Sale
    $2,200,000

    High-Traffic Retail Building, Strong Income Potential

    Property size:
    6,176 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 609 N Long Beach Boulevard in Compton, California, presents a compelling investment opportunity. The L-shaped building encompasses 6,176 square feet on a 14,985 square foot lot, strategically situated at the intersection of Rosecrans Avenue and Long Beach Boulevard. Currently, the property houses five occupied retail units, including a market, barber shop, water store, Mexican restaurant, and a studio, along with one vacant space previously used as a donut shop. The existing tenants generate a substantial monthly rental income, totaling $12,950. This figure represents the potential monthly rent, inclusive of the vacant unit, indicating strong income-generating capacity. The property benefits from its location in a high-demand retail area with limited new construction, offering investors a stable, income-producing asset with immediate upside potential. The opportunity to increase rental rates to align with current market values further enhances the property's growth prospects. This prime commercial real estate in Compton provides a unique chance to capitalize on rising rental trends and maximize investment returns within a thriving retail environment. The property is zoned for commercial use and offers significant potential for future development or expansion. The address is 609 N Long Beach Boulevard, Compton, CA 90221.

    Property Features for 609 Long Beach Blvd

    General Information

    Property type
    Land
    Square Feet
    6,176 SF

    HighLights

    • $2,200,000 asking price.
    • 6,176 square foot special purpose property with land.
    • Located at 609 N Long Beach Boulevard, Compton, CA 90221.
    • Five occupied units and one vacant unit, generating a potential $12,950 monthly rent.
    • Situated on a 14,985 square foot lot in a high‑traffic area with high retail demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    PhD Dental Compton ... Dentist PYRAMIDS TOBACCO MARKET Tobacco Shop Los Sombreros Restaurant Mexican Restaurant Nails on Compton Nail Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Compton
    County
    Los Angeles
    State
    California
    Longitude
    -118.2086756
    Latitude
    33.9003259

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    FAQs

    What type of property is this?
    Land - High-Traffic Retail Building, Strong Income Potential
    Where is this land located?
    The property is located at 609 Long Beach Blvd Compton, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 6,176 square foot special purpose property with land.; Located at 609 N Long Beach Boulevard, Compton, CA 90221.
    Request Owner's contact information
    609 Long Beach Blvd Compton, CA 90221
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    Compton, CA 90221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    609 Long Beach Blvd Compton, CA 90221
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