1702 Long Bch Blvd Compton, CA 90221-1202

Property Details for 1702 Long Bch Blvd

Year built

1937

Construction

WOOD

Lot size

0.47 lot acres

Property size

8,512 SF

Zone code

COCL*

Property type

Investment properties

Property subtype

Live-work space

APN

6177-005-010

APU

6177005010

Description

This exceptional mixed-use investment opportunity presents a 18-unit, 8,512 square foot building situated on a 20,291 square foot lot in Compton, California. The property, located at 1702 N Long Beach Blvd, boasts a strong 88% occupancy rate and a compelling 12.14% cap rate, generating a net operating income (NOI) of $218,329. The asking price is $1,799,000, translating to $211.35 per square foot and $99,944.44 per unit. Built in 1937, this two-story structure comprises three buildings and offers 20 parking spaces. The property benefits from a highly visible location on North Long Beach Boulevard, a major commercial thoroughfare with over 27,400 vehicles passing daily. Its proximity to the 105 and 710 freeways enhances accessibility. The area features a strong retail presence, including a Walmart Supercenter, R-Ranch Markets, Dollar Tree, Subway, McDonald's, and Church's Chicken. The land value alone is $89 per square foot. The property is zoned COCL and offers a stabilized investment opportunity with excellent cash flow potential. This well-maintained asset presents a rare chance to acquire a high-performing mixed-use property in a densely populated area with significant daily traffic counts.

Location Insight

City

Compton

County

Los Angeles

State

California

Longitude

-118.208

Latitude

33.9073

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments