$1,449,000
947 Magnolia Street, Compton 90220
10
Beds
7
Baths
3,616
Square feet
7,500
Lot Size
Listing Agent
Alex Pirro - Kase Real Estate947 W. Magnolia St presents an exceptional investment opportunity to acquire a 3-unit building in Compton, California, known as the "Hub City" for its central location within Los Angeles County and convenient access to major freeways. Situated adjacent to the Alameda Corridor, which handles 25% of all U.S. waterborne international trade, Compton is rapidly transforming into a key industrial hub for transit, distribution, business services, high-tech industries, and more. This property includes a diverse unit mix: (2) four-bedroom/three-bathroom units and (1) two-bedroom/one-bathroom unit. Additional features include spacious floorplans, 2 two car garages, and laundry in each unit. With strong potential for rent increases, this asset provides the opportunity to enhance cash flow and further boost the already impressive cash-on-cash return.
Facts & Features
MLS® # | OC24162247 |
---|---|
Price | $1,449,000 |
Bedrooms | 10 |
Bathrooms | 7.00 |
Full Baths | 7 |
Square Footage | 3,616 |
Lot Size | 7,500 |
Year Built | 2024 |
Type | Residential |
Sub-Type | Triplex |
Status | Pending |
# Of Units | 3 |
Community Information
Address | 947 Magnolia Street |
---|---|
Area | RP - Compton S of Rosecrans, E of Central,W of Ala |
City | Compton |
County | Los Angeles |
Zip Code | 90220 |
Amenities
Parking Spaces | 4 |
---|---|
# of Garages | 4 |
View | None |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Cooling | None |
---|---|
Has Basement | No |
Fireplace | No |
Fireplaces | None |
# of Stories | 1 |
Stories | Two |
Exterior
Lot Description | Landscaped, Level, Sprinkler System, Walkstreet |
---|
School Information
District | Compton Unified |
---|---|
Elementary | Chapman |
Middle | Davis |
High | Compton |
Additional Information
Date Listed | August 6th, 2024 |
---|---|
Days on Market | 204 |
Zoning | CORM* |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Alex Pirro |
---|---|
Office | Kase Real Estate |