1606 Long Beach BlvdCompton, CA 90221

Property Details for 1606 Long Beach Blvd

Year built

1993

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

7,680 SF

Zone code

COCL*

Property type

Retail space

APN

6177-005-013

APU

6177005013

Description

This exceptional 7,680-square-foot retail property, situated at 1606 N Long Beach Blvd, Compton, CA 90221, presents a unique investment opportunity. The single-story, 1993-built building underwent a complete renovation in 2022, boasting a modern aesthetic. Currently, 2,680 square feet of versatile space is available for lease, offering a minimum divisible unit of the same size. The property features a clear-span, open layout ideal for a variety of retail uses. Its strategic location near Rosecrans Ave ensures high visibility and significant foot traffic, enhanced by its adjacency to a busy laundromat. The 12,381-square-foot lot provides ample space, and the property benefits from 100 AMP power. The zoning is COCL, and the APN is 6177-005-013. This multi-purpose retail space is perfect for entrepreneurs seeking a high-traffic location in a thriving commercial area. The property's recent renovation ensures modern amenities and a move-in ready condition. This is an excellent opportunity to establish or expand your business in a dynamic Compton neighborhood. All information should be independently verified.

• CAP approach

  CAP return

  Valuation

  6%

  $2,869,548

  6.5%

  $2,648,814

  7%

  $2,459,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,684,392

  Geo Method

  $5,684,392

• Alternative Use

  Use

  Valuation

  Residential

  $2,234,373

  Hospitality

  $2,046,674

  Educational

  $1,702,809

  Medical

  $1,761,371

  Retail

  $2,648,814

Location Insight

City

Compton

County

Los Angeles

State

California

Latitude

33.9067

Longitude

-118.208

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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