947 W Magnolia Street, Compton, CA 90220
-
Listed Price :
$1,500,000
-
Beds :
10
-
Baths :
7
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Property Size :
3,616 sqft
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Year Built :
2024
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
Inside |
| Bedroom Information |
| Bedrooms |
10 |
| Bathroom Information |
| Bathrooms |
7 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
947 W Magnolia Street |
| City |
Compton |
| State |
CA |
| Zip |
90220 |
| County |
Los Angeles |
| Listing Agent |
Alex Pirro DRE #01773134 |
| Courtesy Of |
KASE Real Estate, Inc. |
| List Price |
$1,500,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Triplex |
| Structure Size |
3,616 |
| Lot Size |
7,500 |
| Year Built |
2024 |
Listing information courtesy of: Alex Pirro, KASE Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 2nd, 2024 at 4:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
