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Millman Team Real Estate

$6,150,000
0.69 Acre Lot

10221 Compton Avenue, Los Angeles, California 90002

  • Commercial Sale Property Type
  • 1997 Year Built
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.

Basic Details
Commercial Sale
For Sale
25551169
$6,150,000
1997
0.69 Acre
Active Under Contract
Features
: Central
$0
Address Map
CA
Los Angeles
Los Angeles
90002
Compton
10221
Avenue
W119° 45' 10.9''
N33° 56' 37.6''
Located on the corner of Compton Ave and E 103rd St
C37 - Metropolitan South
LAPF
Additional Information
$0
$0
$0
$0
$0
20865
2025-06-11
2
Broker/Agent Information
Remax Commercial and Investment Realty
Enrique Viramontes
Listing Information
CLW-X76426
CLW-X7538301
Active Under Contract
2026-02-13T13:42:30Z
CRMLS
: Standard
2025-07-14T00:00:00Z
Agent info
Ray Millman
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