Compton, CA 90220,947 W Magnolia Street
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Compton, CA 90220,947 W Magnolia Street
Compton, CA 90220,947 W Magnolia Street
Compton, CA 90220,947 W Magnolia Street
Compton, CA 90220,947 W Magnolia Street
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$ 1,449,000
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947 W Magnolia Street Compton, CA 90220

10 Beds

7 Baths

3,616 SqFt


UPDATED:

01/14/2025 06:42 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $400

MLS Listing ID CROC24162247

Bedrooms 10

Full Baths 7

HOA Y/N No

Year Built 2024

Lot Size 7,500 Sqft

Acres 0.1722

Property Sub-Type Single Family Residence

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.

Location

State CA

County Los Angeles

Zoning CORM

Interior

Interior Features Family Room

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Pool None

View Y/N false

View None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Level, Landscape Misc

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two Story

New Construction No

Schools

School District Compton Unified

Others

Tax ID 6156017031


Bridge MLS
Listed by Alex Pirro • KASE Real Estate, Inc.
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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947 W Magnolia Street