1702 N LONG BEACH Boulevard
Compton, CA 90221
8,512 SF
Lot Size: 20291 sq.ft.
Year Built: 1937
Stories: 2
MLS# 22137729
Neighborhood: RN - Compton N of Rosecrans, E of Central
Active Under Contract | Offered at $2,700,000

Troy Palmquist

DRE# 01772139

Property Description

1702-1710 N Long Beach Boulevard is a mixed-use investment property located in Compton, CA. Built-in 1937 and remodeled in 2020, the property is comprised of nineteen total units/spaces: ten (10) studio units; two(2) two-bedroom, two-bathroom units; two (2) non-conforming studio units; and five (5) storefront retail units. With over $150,000 invested in upgrades throughout the property, it features high street visibility, upgrades in several of the units, and on-site parking in the rear of the property. Stationed near the border of Compton and Lynwood, just north of Rosecrans Avenue, 1702 N Long Beach Boulevard features a walk score of 85/100 and offers tenants and visitors access to various employment centers throughout Southern California via I-105 and I-710. The property's location also creates convenient access to several local retail outlets throughout the Compton, Lynwood, and Paramount areas. Given the situation of the property and recent trends in the market, 1702 N Long Beach Boulevard is an excellent opportunity for an investor looking to purchase a recently upgraded, mixed-used property with great cash-flow and attractive financial metrics.

Features & Amenities

Parking Spaces: 17
Listing Provided By
John Wright, Matthews Real Estate Investment Services
Based on information from California Regional Multiple Listing Service, Inc. as of May 25, 2022. 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.
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