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
Year Built
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