OWNER WANTS IT SOLD!!!!!! Just REDUCED for quick sale at $116+ a Sq. Ft. Spacious 2400+ Retail/Office Building. Currently being used as an automotive parts sales business by owner. Building will be SOLD VACANT to investor/owner to put their own business. SALE includes adjacent 4118 Sq. ft. parking lot. Address 1918 E. Compton Blvd. APN # 6183-021-024
This property is a mix-use property. Front part is being used as mechanical shop with current permits for it and the back unit is being use as single family, with 2 bedrooms, 1 bath.
Street front corner retail , income is $31,800 per year, 100&% occupied.Long term tenants paying substantially below market rent , month to month, good opportunity to buy under $100 per SF , Just north of Rosecrans with direct access to 105 and 91 freeways, Short Term seller financing available with 30% down
AutoZone initiated an early lease extension for an additional 10 years in May of 2015. The lease calls for 12% escalations during the option periods. AutoZone took possession of the property in 2004, and the building was extensively renovated at that time. The property is well-located on the hard SE corner of N. Wilmington Ave. and El Segundo Blvd. in the heart of an extremely dense corridor in South Los Angeles. Located just South of the Food 4 Less, Rite Aid anchored 165,000 sf Kenneth Hahn Plaza, and next to a brand new Corporate 7-Eleven, 2610 N. Wilmington features the rare combination of seasoned tenancy, lease escalations, and strong Southern California Real Estate. These factors indicate a strong commitment from AutoZone and sales with reference to this location.
10,346 SF of Two Story Well Appointed Offices Excellent Distribution or Manufacturing Facility 22' Clearance / 2 Dock Positions & 1 Ground Level Door
18,085 square feet of commercial land. 4,130 square foot building. Heavy fixer due to fire damage. 3 legal separate parcels of land included in the sale. Corner location. Property was used as a church for many years. Great development site. Zoning development standards allow for 40% lot coverage and 75 foot height limit (buyer to verify). Possibility to rehab or build new. As Is Sale.
Income / Business
Corner commercial property being used as an auto mechanical facility. Great owner user with possible future development potential. Occupied by 2 tenants on a month to month tenancy with generation $4,600.00 gross rent.
Total of 6 buildings, granite counters,remodeled kitchen and baths,tile floors, new windows, NO RENT CONTROL. Great long term tenants, no troubles here, great area. House on Cypress is way under market for rent, could be raised substantially.
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Property is an approximately 29,500 square foot free standing industrial building on 1.2 acres of land. The building 14' ceiling clearance, 2,400 square feet of office improvements, 2 industrial dock high doors, 5 ground level doors and 1,200 amps of powers. A sprinkler system is in place. The property contains 30 parking stalls and a secure concrete wall yard. There is also 5,500 square feet of bonus overhang storage area included.