$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 Estate

947 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

AgentAlex Pirro
OfficeKase Real Estate

Listing Map

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