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Shopping Community

1918 Rosecrans Ave

1918 Rosecrans Ave, Compton, CA 90221

Listing Price: $325,000

Cap Rate
2.82%
Gross SF
2,100
Rentable SF
2,100
Price/Gross SF
$154.76
Lot Size
0.13 acres
Year Built
1951

Investment Overview

Marcus & Millichap is pleased to present for sale 1916-1918 E. Rosecrans Avenue in Compton CA, a 2,100 square foot three tenant retail storefront property situated on 0.13 Acres of land (5,534 SF) located just 0.3 miles from the intersection of Long Beach Blvd and Rosecrans Avenue.

The property is currently 100% occupied by three tenants, Yolanda's Beauty Salon, Jo's Mini Market & Martinez Carpets. All tenants are currently on month-to-month leases. There are 4 parking spaces located in the rear of the property via alley access off of Bradfield Avenue.

The property is being offered at only $154 per square foot. A new investor has the opportunity to capture significant returns by renovating the interior spaces and upgrading the façade. Conservative estimates for post rehab lease rates bring the proforma cap rate to an alluring 9.74%.

Investment Highlights

  • 100% Occupied Street Retail (Tenants are All Month-to-Month)
  • First Time on Market in 35 Years
  • Monumental 98% Upside In Rental Income
  • Rare Proforma Cap Rate of 9.74%
  • Excellent Visibility Located on Rosecrans Avenue a Major Artery in the City of Compton
  • 4 Secured Parking Spaces located in the Rear of the Property Via Alley Access

Exclusively Listed By

Financing By

Shopping Community

1918 Rosecrans Ave

Listing Price: $325,000

Cap Rate
2.82%
Gross SF
2,100
Rentable SF
2,100
Price/Gross SF
$154.76
Lot Size
0.13 acres
Year Built
1951

Investment Highlights

  • 100% Occupied Street Retail (Tenants are All Month-to-Month)
  • First Time on Market in 35 Years
  • Monumental 98% Upside In Rental Income
  • Rare Proforma Cap Rate of 9.74%
  • Excellent Visibility Located on Rosecrans Avenue a Major Artery in the City of Compton
  • 4 Secured Parking Spaces located in the Rear of the Property Via Alley Access

Investment Overview

Marcus & Millichap is pleased to present for sale 1916-1918 E. Rosecrans Avenue in Compton CA, a 2,100 square foot three tenant retail storefront property situated on 0.13 Acres of land (5,534 SF) located just 0.3 miles from the intersection of Long Beach Blvd and Rosecrans Avenue. The property is currently 100% occupied by three tenants, Yolanda's Beauty Salon, Jo's Mini Market & Martinez Carpets. All tenants are currently on month-to-month leases. There are 4 parking spaces located in the rear of the property via alley access off of Bradfield Avenue. The property is being offered at only $154 per square foot. A new investor has the opportunity to capture significant returns by renovating the interior spaces and upgrading the façade. Conservative estimates for post rehab lease rates bring the proforma cap rate to an alluring 9.74%.

Exclusively Listed By

Financing By

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