Albert D. Mehran Acquires Industrial Property In Compton For $1.47M

Located at 321 E. Johnson Street in Compton, this industrial property was recently sold in a closed transaction. The property spans approximately 21,000 square feet and was sold for a price of $1,471,000, resulting in a price per square foot of $70. The sale took place on December 6, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,471,000
• Address: 321 E. Johnson Street, Compton
• Market: Compton

The buyer of the property was Albert D. Mehran, while the seller was Tom Han. The deal was facilitated by two brokers - Shanna Naim of Ensemble Realty Advisors and Matt Stringfellow of The Klabin Company. They represented the respective parties in the transaction.