947 W Magnolia Street

Compton, CA 90220

  • 10 Bed(s)
  • 7 Bath(s)
  • 3,616 Sqft
  • 7500
    Sqft(Lot)
$1,500,000

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/two-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.

  • Property Type

    Residential
  • County

    Los Angeles
  • Style

    Residential
  • AD ID

    46826139

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 7
    • Full Baths: 7

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 2024

    Pool Features

    • None

    Laundry Features

    • Inside
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Builder
    • Lot Size Square Feet: 7500
  • Listing Price Information

    • Original List Price: 1,500,000
    • Listing Contract Date: 2024-08-06

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 6156017031
  • Garage and Parking

    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: RP - Compton S of Rosecrans, E of Central,W of Ala
    • Postal Code Plus 4: 1827
    • Directions: N Kemp Ave W. Magnolia St.
    • Zoning: CORM*
    • Source Property Type: Residential
    • Area: RP - Compton S of Rosecrans, E of Central,W of Ala
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 0
    • Common Walls: 2+ Common Walls
    • Structure Type: Triplex
    • Year Built Source: Builder
    • Total Square Feet Living: 3616
    • Entry Level: 1
    • Entry Location: Front Door
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
    • Structure Type: Triplex
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BuyOwner last updated this listing 09/16/2024 @ 15:51

  • MLS: OC24162247
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 3,616 sqft, 7,500 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Compton , in zip code 90220, this Los Angeles County Home are nearby neighborhoods.