947 W Magnolia Street Compton, CA 90220
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusActive
- MLS ID NumberOC24162247
- Home Size Source Assessor
- Year Built2024
- Lot Size0.1722 Acres
- Full Baths7
- Partial BathsN/A
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General Features
- Parking Spaces 4
- Sewer Public Sewer
- Number of Stories 21
- Acreage 0.1722
- Water Public
- Property Sub Type Triplex
- Garage Spaces 4
- Attached Garage Yes
- Zoning CORM*
- Listing Conditions Standard
Interior Features
- Cooling None
- Fireplace Features None
- Laundry Features Inside
- Fireplace No
Exterior Features
- View None
- Pool Features None
- Lot LandscapedLot 6500-9999LevelSprinkler SystemWalkstreet
Community Features
- Association Dues 0
- Community Features SidewalksUrban
- Senior Community No
- MLS Area RP - Compton S of Rosecrans, E of Central, W of Ala