$6,150,000

10221 Compton Avenue, Los Angeles, CA 90002

  • 20,865 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $295/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Proudly presenting an exclusive opportunity to acquire a stabilized, income-producing mixed-use office/retail building located in the heart of South Los Angeles, prominently anchored by Chase Bank, a strong national credit tenant. Constructed in 1997, the building has been exceptionally built and maintained with the highest standards. This well-positioned asset offers an immediate return with a cap rate exceeding 6.0%, providing strong in-place cash flow from established long-term tenants. Priced to sell, the property features significant upside through rental income growth and lease restructuring. Current lease terms offer the ability to implement operating expense reimbursements and adjust below-market rents, creating additional value for the investor. Strategically located in a dense urban corridor of South Los Angeles, the property benefits from high visibility, strong foot traffic, and proximity to major transportation routes and city landmarks. It sits approximately 7 miles from Downtown Los Angeles, 6 miles from USC and Exposition Park, and about 13 miles from LAX. The surrounding area is a vibrant, evolving community with a mix of residential, retail, and civic uses, offering long-term growth and tenant demand. This investment is ideal for those seeking a combination of i

Listing Status:
Pending
Date Added:
June 11, 2025 at 05:00AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Enrique Viramontes : 213-233-4363
MLS ID:
CL25551169
  • General: Elevator
  • Heating: Other
  • County: Los Angeles
  • Zoning: LAPF6048012027

This listing courtesy of Enrique Viramontes, Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Compton Avenue Elementary STEAM Academy

1515 E 104th St, Los Angeles, CA, 90002

Grades KG-5

0.13 miles away

T

Thomas Riley High School

1524 E 103rd St, Los Angeles, CA, 90002

Grades 7-12

0.06 miles away

T

Thomas Riley High School

1524 E 103rd St, Los Angeles, CA, 90002

Grades 7-12

0.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.