1315 N Bullis Rd | Compton, CA 90221
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1315 N Bullis Rd
Compton, CA 90221
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Gross Income: $360,203.40
- CAP Rate: 7.29%
- NOI: $277,004.69
EXECUTIVE SUMMARY
±20,311 SF 2-Story Office Building with ±49 Parking Spaces
Opportunity Zone Location
97% Occupied with a Good Mix of 13 Tenants
Month-to-Month and Longer Term Leases Creates Stability and the Ability to Increase Rents Immediately to FMV
Quick Access to 105, 710 & 91 Freeways and within Close Proximity to LAX
Opportunity Zone Location
97% Occupied with a Good Mix of 13 Tenants
Month-to-Month and Longer Term Leases Creates Stability and the Ability to Increase Rents Immediately to FMV
Quick Access to 105, 710 & 91 Freeways and within Close Proximity to LAX
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,311 SF
Building Class
C
Year Built
1959
Price
$5,037,515 CAD
Price Per SF
$248 CAD
Cap Rate
7.70%
NOI
$387,863 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,311 SF
Building FAR
0.58
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
COCL - Commercial
Parking
49 Spaces (2.41 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 6184-015-022 | Improvements Assessment | $1,762,960 CAD |
| Land Assessment | $2,361,109 CAD | Total Assessment | $4,124,070 CAD |
PROPERTY TAXES
Parcel Number
6184-015-022
Land Assessment
$2,361,109 CAD
Improvements Assessment
$1,762,960 CAD
Total Assessment
$4,124,070 CAD
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