Compton, CA 90220 511 N Wilmington Avenue

511 N Wilmington Avenue Compton, CA - Image 1511 N Wilmington Avenue Compton, CA - Image 2511 N Wilmington Avenue Compton, CA - Image 3
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511 N Wilmington Avenue Compton, CA - Image 4511 N Wilmington Avenue Compton, CA - Image 5
  • MLS# IV21154022
  • 07/14/2021
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Presented By: GURJEET BHATIA with KB REAL ESTATE - 909-210-1570
  • SQFT • 1,534
  • Year Built • 1945

Home Details

Single Tenant Lease Investment – Wilmington Community Market - Income producing free-standing retail building of approximately 1,534 square feet occupied by a long term essential services Tenant. Tenant pays annual gross rents of $22,800 plus all common area maintenance, utilities, and upkeep of the property. Staggered rent increases in place for future income increase with option to renew. The property is strategically located with prominent visibility on the signalized intersection of Wilmington Avenue and Poplar Street. City of Compton is also known as the “HUB CITY” because of its unique position and its easy accessibility to and from five freeways. Approximately 1.8 miles to the I-105 fwy & CA-91 fwy and 2.9 miles to I-710 fwy and 2.7 mile to I- 110 fwy. Lease details to be provided upon request. Property is close to many elementary & High School, across from street just walkable distance to Benjamin Davis Middle School. Only 0.5 miles to Compton downtown. Just 1.6 miles to Martin Luther King Jr. Community hospital. Also close to Compton Woodley Airport just 0.7 miles. The property is currently occupied by a Tenant and the business is not for sale, just the building in as- is- condition.
Presented By: GURJEET BHATIA with KB REAL ESTATE - 909-210-1570

Interior Features for 511 N Wilmington Avenue

Other Interior Features

Laundry FeaturesNone

General for 511 N Wilmington Avenue

Additional Parcels Y/NNo
Listing AgentGURJEET BHATIA - BRE#01895064
Listing Agent State License01895064
Lot Size Square Feet1921
MLS Area699 - Not Defined
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercial Sale
Special Listing ConditionsStandard
StatusActive
TermsCash, Cash to New Loan, Submit

Exterior for 511 N Wilmington Avenue

Lot FeaturesLevel, Street Level, Walkstreet
Lot Size Acres0.04
Lot Size Area1921
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $369,000
MLS#IV21154022
List Date 07/14/2021
Property Type Commercial
Phone 310.658.1749
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