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$1,449,000
111 Days On Site

947 W Magnolia Street
Compton, CA 90220

For Sale|Triplex|Active
10
Beds
7
Full Baths
0
Partial Baths
3,616
SqFt
$401
/SqFt
2024
Built
County:
Los Angeles
Listed by Alex Pirro of KASE Real Estate, Inc. [email protected]

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947 W Magnolia Street947 W Magnolia Street947 W Magnolia Street947 W Magnolia Street
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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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Listing Snapshot
Price 
$1,449,000
Days On Site 
111 Days
Bedrooms 
10
Inside Area (SqFt) 
3,616 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
2024
MLS® Number 
OC24162247
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoPrice changed to $1,449,000
a month agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.1722
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
1
Parking 
Attached
Parking Spaces 
4
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Water Source 
Public
Zoning 
CORM*
Interior Features
Fireplace Features 
None
Laundry Features 
Inside
Main Level Bedrooms 
8
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Exterior Features
Lot Features 
LandscapedLevel
Pool Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
Front Door
Community Features 
Sidewalks
Financing Terms Available 
CashConventionalContract1031 ExchangeSubmit
MLS Area 
RP - Compton S of Rosecrans, E of Central,W of Ala
School District 
Compton Unified
Schools
School District
Compton Unified
Elementary School
Chapman
Middle School
Davis
High School
Compton


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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