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

3,616 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $400

MLS Listing ID CROC24186459

Bedrooms 10

HOA Y/N No

Year Built 2024

Lot Size 7,500 Sqft

Acres 0.17

Property Sub-Type Triplex

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

Cooling No Air Conditioning

Fireplace No

Laundry Inside

Exterior

View Y/N false

View None

Total Parking Spaces 4

Building

Lot Description Level, Other, Landscape Misc

New Construction No

Others

Tax ID 6156017031


Bridge MLS
Listed by Alex Pirro • Kase Real Estate
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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947 W Magnolia Street