817 Long Beach BlvdCompton, CA 90221

  • Retail properties
  • 1,875 SF
For Sale
$505,000 View listing

Property Details for 817 Long Beach Blvd

Year built
1946
Construction
WOOD
Lot size
0.06 AC
Property size (Sq ft)
1,875 SF
Zone code
COCL*
Property type
Retail properties
Property subtype
Other retail properties
APN
6179-029-003
APU
6179029003

Description

This exceptional investment opportunity presents a freestanding retail building at 817 Long Beach Boulevard in Compton, California. The property boasts 1,875 square feet situated on a 0.06-acre lot, providing a prime location within a vibrant commercial area. Currently occupied by a dry cleaner with approximately six years remaining on their lease, this offers immediate and consistent cash flow for the investor. The building features convenient parking

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $679,136
    6.5%
    $626,895
    7%
    $582,117
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,507,180
    Geo Method
    $1,507,180
  • Alternative Use

    Use
    Valuation
    Residential
    $528,809
    Hospitality
    $484,387
    Educational
    $403,004
    Medical
    $416,864
    Retail
    $626,895
817 Long Beach Blvd, Compton, California

Location Insight

City
Compton
County
Los Angeles
State
California
Latitude
33.8891
Longitude
-118.208
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,172
$150,593
$158,401
$308,994
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