799-803 S Long Beach Blvd

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799-803 S Long Beach Blvd

Compton, CA 90221
Asking Price
$975K
Asset Type
Storefront Retail
Class
Class B

What's Special

Retail | 3,000 SqFt <ul><li>​Building Area: ±3,000 SF</li><li>​Retail Unit 1 Area: ±1,000 SF</li><li>​Retail Unit 2 Area: ±2,000 SF</li><li>​Owner-user or investment opportunity</li><li>​Flexible configuration for retail, service or creative uses</li><li>​Two retail units</li><li>​Unit 1 leased to flower shop for 5 years with current $20,676 year one base rent annual income (NNN)</li><li>​Unit 2 is vacant (formerly rented to a thrift shop at $3,400 per month)</li><li>​Shared rear parking lot off of Crane Avenue</li

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

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