1315 N Bullis Road

  • Compton

  • $2,740,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
High cap rate of 8%! 100% occupied. Only $139/sq.ft.$139/sf is below cost to build. Great net income. Actual income of $290,340. Net income: $219,188. Low expense: $71,152. Market Rent at $343,002. Current rents are below market. Great upside potential with extremely stable tenant base. Market Rent is $343,002. Market CAP is 9.92%. Easy access to 105, 91, 110, and 710 freeways. Major cross streets are: Long Beach Blvd. and Rosecrans. 1.8 miles to St. Francis Medical Center. 0.4 miles to Walmart Superstore on Long Beach Blvd. Building is 20,311 sq. ft. 34,492 sq. ft. lot per seller (buyer to verify with city). Plenty of parking (48 spaces). Drive by only. Do not disturb tenants.
Essential
MLS #AR18212637
Price Per SqFt$134.90
Sub-TypeOffice
CountyLos Angeles
StateCA
AreaRN - Compton N of Rosecrans, E of Central
StatusActive
Sale TypeStandard
Number Of Units14
Number Of Buildings3
Building StatusExisting
Listing BrokerageRE/MAX 1000 Realty
Listing AgentBenjamin Lin
Listing Agent BRE #01383988

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 13, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.