947 W Magnolia Street Compton, CA 90220
10
Beds
7
Baths
3,616
Sqft
7,500
Sqft lot
0.17
Acre lot
$1,449,000
Est.$5,336 / mo.*
Status:
Active
Property Type:
Triplex
Year Built:
2024
Days on Website:
129
Listing courtesy of Alex Pirro (CalBRE#01773134), KASE Real Estate, Inc. {attribution_contact}
Description
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.Property Details and Features
Bathrooms
- 7 total bathrooms
- 7 full bathrooms
- 5 bathrooms on main level
Bedrooms
- 10 bedrooms
- 8 bedrooms on main level
Building
- 3616.00 living sqft
- Common walls: 2+ Common Walls
- Levels: Two
- 1 story
- Entry level: 1
- Built in 2024
- Entry location: Front Door
Community
- Sidewalks
- Urban
Garage
- 4 garage spaces
- Attached garage
Water Features
- Water source: Public
Laundry
- Inside
Listing
- Listing ID: OC24162247
- 400.72 per sqft
- 128 days on market
Location
- MLS area: RP - Compton S of Rosecrans, E of Central,W of Ala
- County: Los Angeles
Lot
- Landscaped
- Lot 6500-9999
- Level
- Sprinkler System
- Walkstreet
- 0.1722 acres
- 7,500 sqft
Parking
- 4 spaces
Property
- Zoning: CORM*
- Property is attached
Schools
- Elementary school: CHAPMA
- Middle school: DAVIS
- High school: COMPTO
- High school district: Compton Unified
Sewer
- Public Sewer
Based on information from CRISNet MLS as of January 10, 2025 05:49. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.