Property profile

911 N Wilmington Ave Compton, CA 90220

FOR SALE
Retail space
Property ID
US09-7308345
1,161 SF 0.05 ac lot Built 1926
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
$699,999 1,161 SF
911 N Wilmington Ave, Compton, CA 90220
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Property summary

AI-generated overview

This exceptional 1,792 square foot industrial property, located at 911 N Wilmington Avenue in Compton, CA, presents a compelling investment opportunity. Situated on a 0.05-acre lot in a high-traffic area, this fully leased multi-tenant building generates a substantial monthly rental income of $5,995. The property's strategic location near schools and shopping districts ensures consistent tenant occupancy and minimizes vacancy risk. Established tenants are secured with multi-year leases featuring annual rent escalations, providing predictable and growing income streams. This translates to an impressive cap rate exceeding 12%, offering significant returns on investment. The robust rental agreements and consistent cash flow make this an ideal asset for investors seeking long-term stability and substantial returns. The property's strong tenant base and prime location in Compton, CA, contribute to its exceptional value and potential for future appreciation. This is a rare opportunity to acquire a high-performing industrial property with a proven track record of success and a secure financial outlook. The property's size and location make it an attractive investment for both seasoned and new investors seeking a reliable and profitable addition to their portfolio. The current lease structure ensures a steady stream of income, minimizing risk and maximizing returns. This is a turnkey investment ready to generate immediate income and long-term growth.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1926
Construction WOOD
Total area 1,161 SF
Lot 0.05 ac (2,179 SF)
Zoning code COCL*
APN 6156-006-001
UPID US09-7308345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Big Box & Wholesale Store

Location

911 N Wilmington Ave Compton, CA 90220
Compton metro Census 542700 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2022
Last sale
$350,003
7 recorded transactions
2022
$350,000
2022
Price N/A
2010
$147,000
2010
$68,250
2007
$340,000
2004
$115,000
2003
$80,000

Zoning & alternative use

COCL* · Compton, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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