947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
947 W Magnolia Street
VIEW PHOTOS
$1,400,000

947 W Magnolia Street

3,616 Sq.Ft.

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.

Share Property

Location

947 W Magnolia Street, Compton, CA 90220

Status

Sold
Alex Pirro

Alex Pirro

TITLE

Director of Operations | Realtor®

Property Amenities

Interior
Laundry room Inside
Fireplace None
Area & Lot
Lot Area 7,500 Sq.Ft.
Living area 3,616 Sq.Ft.
MLS® ID OC24186459
Year Built 2024
View Description None
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning None
Water Source Public
Garage Space 4.0
Sewer Public Sewer
Lot Features Landscaped, Level, Sprinkler System, Walkstreet
Finance
Sales Price $1,400,000

I’d Love to Hear From You

I am always available to help. You can also call or text me at any time.