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947 Magnolia Street, Compton, CA 90220
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947 Magnolia Street
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  • MLS#: OC24162247 ( Triplex )
  • Street Address: 947 Magnolia Street
  • Viewed: 2
  • Price: $1,500,000
  • Price sqft: $415
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 3616
  • Bedrooms: 10
  • Total Baths: 7
  • Full Baths: 7
  • Garage / Parking Spaces: 4
  • Days On Market: 101
  • Additional Information
  • County: LOS ANGELES
  • City: Compton
  • Zipcode: 90220
  • District: Compton Unified
  • Elementary School: CHAPMA
  • Middle School: DAVIS
  • High School: COMPTO
  • Provided by: KASE Real Estate, Inc.
  • Contact: Alex Alex
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 62
Elementary School
  1. CHAPMA
Elementaryschool
  1. Chapman
Entry Location
  1. Front Door
Fireplace Features
  1. None
Garage Spaces
  1. 4.00
High School
  1. COMPTO
Highschool
  1. Compton
Laundry Features
  1. Inside
Levels
  1. Two
Living Area Source
  1. Assessor
Lockboxtype
  1. None
Lot Features
  1. Landscaped
  2. Lot 6500-9999
  3. Level
  4. Sprinkler System
  5. Walkstreet
Middle School
  1. DAVIS
Middleorjuniorschool
  1. Davis
Parcel Number
  1. 6156017031
Pool Features
  1. None
Postalcodeplus4
  1. 1827
Property Type
  1. Triplex
School District
  1. Compton Unified
Sewer
  1. Public Sewer
View
  1. None
Water Source
  1. Public
Year Built
  1. 2024
Year Built Source
  1. Builder
Zoning
  1. CORM*