947 W Magnolia Street, Compton, CA 90220

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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.


Interior Features

Laundry Information
Location(s) Inside
Bedroom Information
Bedrooms 10
Bathroom Information
Bathrooms 7
Interior Information
Cooling Type None

Listing Information

Address 947 W Magnolia Street
City Compton
State CA
Zip 90220
County Los Angeles
Listing Agent Alex Pirro DRE #01773134
Courtesy Of KASE Real Estate, Inc.
List Price $1,500,000
Status Active
Type Residential
Subtype Triplex
Structure Size 3,616
Lot Size 7,500
Year Built 2024

Listing information courtesy of: Alex Pirro, KASE Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 4:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.