Listing by: Alex Pirro, KASE Real Estate, Inc., 714-423-8762

10 Beds

7 Baths

3,616 SqFt

Active

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
Price $1,449,000
Bedrooms 10
Full Baths 7
Total Baths 7
Lot Size Area 7500
Lot Size Area Units Square Feet
Acres 0.1722
Property Type Residential
Sub type Triplex
MLS Sub type Triplex
Stories 1
Exterior Features Sidewalks,Urban
Year Built 2024
View None
Lot Description Landscaped,Lot 6500-9999,Level,Sprinkler System,Walkstreet
Laundry Features Inside
Pool features None
Parking Spaces 4
Garage spaces 4
Association Fee 0
Geographic Data
Directions N Kemp Ave W. Magnolia St.
County Los Angeles
Latitude 33.896747
Longitude -118.241805
Market Area RP - Compton S of Rosecrans, E of Central,W of Ala
Address Information
Address 947 W Magnolia Street, Compton, CA 90220
Postal Code 90220
City Compton
State CA
Country United States
Listing Information
Listing Office KASE Real Estate, Inc.
Listing Agent Alex Pirro
Listing Agent Phone 714-423-8762
Attribution Contact 714-423-8762
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
School Information
District Compton Unified
Elementary School Chapman
Middle School Davis
High School Compton
MLS Information
Days on market 80
MLS Status Active
Listing Date Sep 3, 2024
Listing Last Modified Nov 22, 2024
Tax ID 6156017031
MLS Area RP - Compton S of Rosecrans, E of Central,W of Ala
MLS # OC24162247

This information is believed to be accurate, but without any warranty.
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