10221 Compton Avenue, Los Angeles, CA 90002
- 20,865 sqft
Commercial Property
Built in 1997
0.69acre lot
—— car garage
$295/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Compton Avenue Elementary STEAM Academy
1515 E 104th St, Los Angeles, CA, 90002
Grades KG-5
0.13 miles away
Thomas Riley High School
1524 E 103rd St, Los Angeles, CA, 90002
Grades 7-12
0.06 miles away
Thomas Riley High School
1524 E 103rd St, Los Angeles, CA, 90002
Grades 7-12
0.06 miles away
