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
138
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 $1,449,000 and was built in 2024. This address can also be written as 947 W Magnolia St, Compton, CA 90220.
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This listing information is up-to-date as of December 04, 2024. For the most current information, please contact Alex Pirro, (714) 423-8762
