1502-1506 N Long Beach Blvd
Listing was updated at: 12/20/2018
Property Overview
Price/Rent PSF $ 795,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,722
Date Available 12/20/2018
Additional URL Link
Floors 1
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Compton is a city in southern Los Angeles County, California, situated south of downtown Los Angeles. Compton is one of the oldest cities in the county and on May 11, 1888, was the eighth city to incorporate. As of the 2010 United States Census, the city had a total population of 96,455. It is known as the "Hub City" due to its geographic centrality in Los Angeles County. Neighborhoods in Compton include Sunny Cove, Leland, Downtown Compton, and Richland Farms. The city is generally a working class city with some middle-class neighborhoods, and is home to a relatively young population, at an average 25 years of age, compared to the American median age of 35 (2010 data).

[Source: Wikipedia]

The Subject Property is a 2-unit retail and office facility currently being used as a ministry center. According to assessor records the building is 4,722 square feet and is situated on 9,132 square feet of land. The current tenant is occupying the entire space and has been doing so since 2009. At a rent of $0.58 per square foot there is additional room to increase rents.