Property Details
About this Property
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.
MLS Listing Information
MLS #
CROC24162247
MLS Source
California Regional MLS
Days on Site
107
Interior Features
Appliances
Other
Family Room
Other
Fireplace
None
Laundry
Other
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Elementary District
Compton Unified
High School District
Compton Unified
HOA Fee
$0
Zoning
CORM*
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
947 W Magnolia St is a Triplex in Compton, CA 90220. This 3,616 square foot property sits on a 7,500 Sq Ft Lot and features 10 bedrooms & 7 full bathrooms. It is currently priced at $1,500,000 and was built in 2024. This address can also be written as 947 W Magnolia St, Compton, CA 90220.
©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 02, 2024. For the most current information, please contact Alex Pirro, (714) 423-8762
