Listed By:
Enrique Viramontes with Remax Commercial and Investment Realty; 213-233-4363
Address
10221 Compton Avenue, Los Angeles, CA
Price
$ 6,150,000
Property Attributes
  • MLS#25551169
  • TypeSingle Family
  • Listing Status ActiveUnderContract
  • CountyLos Angeles
  • CityLos Angeles
  • Area Metropolitan South
  • Zip90002
  • Style
  • Year Built1997
  • Price$ 6,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20865
  • Lot Size0.6874 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Proudly presenting an exclusive opportunity to acquire a stabilized, income-producing mixed-use office/retail building located in the heart of South Los Angeles, prominently anchored by Chase Bank, a strong national credit tenant. Constructed in 1997, the building has been exceptionally built and maintained with the highest standards. This well-positioned asset offers an immediate return with a cap rate exceeding 6.0%, providing strong in-place cash flow from established long-term tenants. Priced to sell, the property features significant upside through rental income growth and lease restructuring. Current lease terms offer the ability to implement operating expense reimbursements and adjust below-market rents, creating additional value for the investor. Strategically located in a dense urban corridor of South Los Angeles, the property benefits from high visibility, strong foot traffic, and proximity to major transportation routes and city landmarks. It sits approximately 7 miles from Downtown Los Angeles, 6 miles from USC and Exposition Park, and about 13 miles from LAX. The surrounding area is a vibrant, evolving community with a mix of residential, retail, and civic uses, offering long-term growth and tenant demand. This investment is ideal for those seeking a combination of immediate income and long-term value in a rapidly transforming submarket of Los Angeles.

Price History
2/13/2026 Listed $6,150,000

General Features

Heating Central
Zoning LAPF
Year Built 1997
Building Name Watts Civic Center
County Los Angeles
Net Operating Income 374139
Property Type CommercialSale
Building Features Elevators
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Located on the corner of Compton Ave and E 103rd St
City Los Angeles
MLS Area C37 - Metropolitan South
Lot Size Units SquareFeet
Lot Size Square Feet 29942
Standard Status ActiveUnderContract
Cap Rate 6.08
PostalCity LOS ANGELES

Interior Features

Total Stories 2
Heating Y/N true

Exterior Features

Lot Size Area 29942
Building Area Total 20865
Lot Size Acres 0.6874
Lot Size Source Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90002

Price
AVG $700K
$6.15M
Year Built
AVG 1949
1997

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover