Shopping Community
1918 Rosecrans Ave
1918 Rosecrans Ave, Compton, CA 90221
Listing Price: $325,000
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%.
1918 Rosecrans Ave
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
Listing Price: $325,000
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
