$1,449,000
Beds:
10
Baths:
7
Sqft:
3,616
Sqft lot:
7,501
Acre lot:
0.17
81 Days On Market -
Property listed by KASE Real Estate, Inc., Alex Pirro 714-423-8762
Status:
Active
Property Type:
Triplex
Year Built:
2024
Days On Website:
81
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.
Features
Bathrooms
- 5 main level bathrooms
- 7 full bathrooms
- 7 total bathrooms
Bedrooms
- 8 main level bedrooms
- 10 total bedrooms
Building
- Built in 2024
- Levels: Two
- Living area: 3616
- 2 stories
- Architectural style: ,Attached
- Common walls: TwoCommonWallsOrMore
Community
- Sidewalks
- Urban
Cooling
- None
Fireplaces
- None
Garage
- 4 spaces
Laundry
- Inside
Listing
- ListingID: OC24162247
- Standard status: Active
- 80 days on market
Location
- Country: US
Lot
- 0.1722 acres
- 7,500 square feet
- Size: 7,500
- Landscaped
- Level
- SprinklerSystem
- Walkstreet
Parking
- 4 totals parking
Pool
- None
Property
- Zoning: CORM*
- None
Schools
- Elementary school: Chapman
- Middle or junior school: Davis
- High school: Compton
Sewer
- PublicSewer
Property Map
Map View
$1,449,000 - 947 W Magnolia Street, Compton, CA 90220
Street View
Directions
947 W Magnolia Street
Compton, CA 90220
Country: US