Property Details
About this Property
Investment Opportunity: Introducing this Prime Multi-Family income property that's been well-maintained. This property presents a compelling investment opportunity in the densely populated, and thriving Compton rental market * Gross income of $101,616 annually and 6.3% Cap rate is top market revenue producer at offering price renders ideal levered and unlevered returns * Desirable Unit Mix: Two three-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. * Prime Location: Conveniently situated near schools, shopping centers, and major transportation routes, ensuring strong tenant demand. * Growth Potential: Compton's growing population and rising rental rates make this property an excellent long-term investment. Investment Highlights: * Stable Cash Flow: The property's established rental history and consistent income provide a reliable return on investment. * Value-Add Potential: Explore opportunities to enhance the property's value through renovations or additional amenities. * Strong Market Demand: The growing demand for rental housing in Compton makes this property a desirable asset.
MLS Listing Information
MLS #
CRRS24211655
MLS Source
California Regional MLS
Days on Site
41
Interior Features
Laundry
Community Facility
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
310 W Magnolia St is a Residential Income in Compton, CA 90220. This – square foot property sits on a 7,197 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,058,888 and was built in 1929. This address can also be written as 310 W Magnolia St, Compton, CA 90220.
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This listing information is up-to-date as of October 17, 2024. For the most current information, please contact Isaac Rosales, (310) 754-0124
