Amaad Acquires Mixed-use Property At 10221 Compton Avenue From Thaddeus Williams For $6.11M

The asset involved in this transaction is a mixed-use property located at 10221 Compton Avenue in Los Angeles. The sale price was $6,111,000, with a total square footage of 20,865, resulting in a price per square foot of $292.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $6,111,000
• Address: 10221 Compton Avenue
• Market: Los Angeles
• Square Footage: 20,865
• Price per Square Foot: $292
• Buyer: AMAAD
• Seller: Thaddeus Williams
• Buyer's Representative: Oron Maher - Maher Commercial Realty
• Seller's Representative: Enrique Viramontes - Re/Max

The successful transaction was noted by Oron Maher, who highlighted the property's location at a strategic corner, anchored by Chase Bank with a NNN lease for nearly three decades. The surrounding area features significant civic and community services such as the Watts Branch Library and the new Kaiser Permanente medical offices, which add to the site's attractiveness.