457 S Long Beach Blvd - Medical FOR SALE


Compton, CA 90221- Downtown Compton
$2,500,000 USD
949-466-6088
457 S Long Beach Blvd, Compton, CA for Sale
$2,500,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

457 S Long Beach Blvd
Compton, CA 90221
Downtown Compton


HIGHLIGHTS

  • Ideal Owner/User Opportunity
  • SBA Financing Available with Down Payment as Low as 10%, with 6.25% Interest
  • 1971 Construction; Secured Fenced Yard
  • Office/Retail/Medical Uses
  • No Assocation Fees
  • Former Dialysis Center

OVERVIEW

Marcus & Millichap Real Estate Investment Service is pleased to present an opportunity to acquire a former dialysis center/medical/retail building consisting of 10,475 square feet in the City of Compton, California. The subject property is an ideal owner/user and/or value-added opportunity. With a 10% down payment, an owner/user will have a monthly mortgage payment of only $1.32/SF, making it more economical to own the asset rather than lease elsewhere with marketplace lease rates ranging from $1.25-1.65/SF. The subject property is located on a signalized intersection on a 0.75 acre parcel. The single building was a former dialysis center and still contains much of the equipment. The property is built-out as a medical office but could also be utilized as office or retail space. Parking consists of approximately 42 surface spaces with an overall parking ratio of 4.01/1,000 SF. Construction is concrete block with roof mounted HVAC. The zoning is CL, Limited Commercial, allowing for various commercial uses including medical, retail and office. Please DO NOT disturb the tenant. For further information, please contact the listing agents.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

CL

APN/PARCEL ID

6179-027-029

ASK ABOUT THIS PROPERTY

Drew WetherholtMarcus & MillichapMore Info
949-466-6088

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Drew WetherholtMarcus & MillichapMore Info
949-466-6088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.