947 W Magnolia Street, Compton, CA 90220

$1,449,000 Approx. USD 10 beds, 7 baths
3,616 sqft

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Marketed By The Keaty Team

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Agent Remarks

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.

Listing Details

Property type: Triplex (Single Family)

Status: Pending

MLS# OC24162247

List price is $1,449,000 Reduced by $50,000 on 11/22/2024

Price: $1,449,000

HOA Fee is $0.00

Beds: 10

Baths: 7 (7 full)

None fireplaces

Built in 2024

3,616 sqft