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21688500
21688501

1241 E Artesia Blvd, Long Beach, CA 90805

CB
CA 02249827
Matthews
KB
CA 02168242
Matthews
EV
CA 01995114
Matthews
Listed by Matthews
$2,000,000
500 days on market
Updated 109 days ago

High Traffic Retail Opportunity

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 5,126
Price per SqFt $390
Year Built 1979
Year Renovated 2015
Buildings 1
Stories 1
Acreage 0.310
Zoning CL
Investment Type Owner/User
Ownership Fee Simple

Retail | 5,126 SqFt

Marketing description

We are excited to bring to market a recently renovated, single-tenant retail building at 1241 E Artesia Blvd, Compton, CA. Renovated in 2015, this well-maintained property is currently occupied by Artesia Discount and offers a prime retail location with excellent visibility and foot traffic.

Strategically positioned, the property sits adjacent to Compton College, Gateway Towne Center, and Crystal Casino, with a strong mix of national and local businesses, as well as established residential communities nearby. Additionally, the sale includes the option to acquire the operating business, providing a unique investment opportunity for both real estate and business ownership.

Investment highlights

  • High-Visibility Location – Situated on Artesia Blvd, benefiting from constant foot and vehicle traffic.

  • Turnkey Investment – Recently renovated in 2015, requiring minimal capital improvements.

  • Established Tenant & Business – Currently operated by Artesia Discount, with the option to acquire the business along with the property.

  • Dense Consumer Base – Adjacent to Compton College, Gateway Towne Center, and Crystal Casino, surrounded by national retailers and residential communities.

  • Value-Add Potential – Opportunity to enhance rental income or repurpose for a higher and better use.

  • Strategic Accessibility – Easy access to I-710, I-91, and I-105, connecting to major trade routes in the region.

  • Strong Market Growth – Compton’s continued revitalization and economic development make this an ideal long-term investment.

Listing Contacts

CB
CA 02249827
Matthews
KB
CA 02168242
Matthews
EV
CA 01995114
Matthews
Listed by Matthews

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Additional Information

Name
David Harrington
License
01320460, 02168060 (CA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
Name
Christine Baker
License
02249827
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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