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947 W Magnolia Street

Compton, CA 90220
  • $1,449,000
  • STATUS: Active
  • ON SITE: 162 Days
  • ID#: OC24162247
UPDATED: 227 min ago
$1,449,000
  • 10
    BEDS
  • 0.17
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,616
    SQFT
  • $401
    $/SQFT

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Alex Pirro of KASE Real Estate, Inc. (949-200-9818)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-13T00:27:45.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Faris Group | Keller Williams Realty. Licensed in the State of California, USA.
www.stepsfromhome.com/homes/154592946
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947 W Magnolia Street Compton, CA 90220

  • Price: $1,449,000
  • Status: Active
  • On Site: 162 Days
  • Updated: 227 min ago
  • ID#: OC24162247
10
Beds
7
Baths
0
½ Baths
0.17
Acres
3,616
SQFT
$401
$/SQFT
2024
Built
Neighborhood:
RP - Compton S of Rosecrans, E of Central,W of Ala
County:
Los Angeles
Area:
RP - Compton S of Rosecrans, E of Central,W of Ala
Elementary School:
Chapman
Middle School:
Davis
High School:
Compton
School District:
Compton Unified
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.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location Front Door Lot Features LandscapedLevelSprinkler SystemWalkstreet Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Main Level Bathrooms 5 Main Level Bedrooms 8

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SidewalksUrban Garage YN Yes Land Lease YN No Laundry Features Inside Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalContract1031 ExchangeSubmit New Construction YN No Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Triplex Water Source Public Zoning CORM*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-13T00:27:45.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Faris Group | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Faris Group | Keller Williams Realty
7898 Mission Grove Pkwy S Ste 102
Riverside CA, 92508
Listing Agent(s): Alex Pirro of KASE Real Estate, Inc. (949-200-9818)