947 W Magnolia Street, Compton, CA, US, 90220
947 W Magnolia Street, Compton, CA, US, 90220Basics
- Date added: Added 4 days ago
- Category: Residential
- Type: Triplex
- Status: Active
- Bedrooms: 10
- Bathrooms: 7
- Floors: 2, 1
- Area: 3616 sq ft
- Lot size: 7500, 7500 sq ft
- Year built: 2024
- View: None
- Zoning: CORM*
- County: Los Angeles
- MLS ID: OC24162247
Description
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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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Location
- Directions: N Kemp Ave W. Magnolia St.
- Lot Size Acres: 0.1722 acres
Building Details
- Structure Type: Triplex
- Water Source: Public
- Lot Features: Landscaped,Level,SprinklerSystem,Walkstreet
- Sewer: PublicSewer
- Common Walls: TwoCommonWallsOrMore
- Garage Spaces: 4
- Levels: Two
Amenities & Features
- Pool Features: None
- Parking Total: 4
- Cooling: None
- Fireplace Features: None
- Laundry Features: Inside
Nearby Schools
- Middle Or Junior School: Davis
- Elementary School: Chapman
- High School: Compton
- High School District: Compton Unified
Expenses, Fees & Taxes
- Association Fee: 0
Miscellaneous
- List Office Name: KASE Real Estate, Inc.
- Listing Terms: Cash,Conventional,Contract,Exchange1031,Submit
- Common Interest: None
- Community Features: Sidewalks,Urban
- Attribution Contact: 714-423-8762