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1315 N Bullis Rd
Compton, CA 90221
Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
20,311 SF
Building Class
C
Year Built
1959
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,311 SF
Building FAR
0.58
Lot Size
0.80 AC
Zoning
COCL - Commercial
Parking
49 Spaces (2.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
About 1315 N BULLIS RD , COMPTON, CA 90221
High cap rate of 7.71%! 100% occupied. Only $139/sq.ft.$139/sf is below cost to build. Great net income. Actual income of $290,340. Net income: $219,340. Low expense: $71,152. Market Rent at $343,002. Current rents are below market. Great upside potential with extremely stable tenant base. Easy access to 105, 91, 110, and 710 freeways. Major cross streets are: Long Beach Blvd. and Rosecrans. 1.8 miles to St. Francis Medical Center. 0.4 miles to Walmart Superstore on Long Beach Blvd. Building is 20,311 sq. ft. 34,492 sq. ft. lot per seller (buyer to verify with city). Plenty of parking (48 spaces).Drive by only. Do not disturb tenants.
Property Taxes
| Parcel Number | 6184-015-022 | Improvements Assessment | $1,249,379 |
| Land Assessment | $1,673,277 | Total Assessment | $2,922,656 |
Property Taxes
Parcel Number
6184-015-022
Land Assessment
$1,673,277
Improvements Assessment
$1,249,379
Total Assessment
$2,922,656
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