Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    912 Avenue B
    750 Marzella Avenue
    101 S Mariposa
    947 Magnolia Street, Compton, CA 90220
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    4. 947 Magnolia Street, Compton, CA 90220
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    947 Magnolia Street
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    • MLS#: OC24162247 ( Triplex )
    • Street Address: 947 Magnolia Street
    • Viewed: 26
    • Price: $1,449,000
    • Price sqft: $401
    • Waterfront: No
    • Year Built: 2024
    • Bldg sqft: 3616
    • Bedrooms: 10
    • Total Baths: 7
    • Full Baths: 7
    • Garage / Parking Spaces: 4
    • Days On Market: 238
    • Additional Information
    • County: LOS ANGELES
    • City: Compton
    • Zipcode: 90220
    • District: Compton Unified
    • Elementary School: CHAPMA
    • Middle School: DAVIS
    • High School: COMPTO
    • Provided by: Kase Real Estate
    • Contact: Alex Alex
    • California Regional MLS IDX
    • DMCA Notice
    • 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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    Property Location and Similar Properties
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    Similar
    Features
    Assessments
    1. Unknown
    Association Fee
    1. 0.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 208
    Elementary School
    1. CHAPMA
    Elementaryschool
    1. Chapman
    Entry Location
    1. Front Door
    Fireplace Features
    1. None
    Garage Spaces
    1. 4.00
    High School
    1. COMPTO
    Highschool
    1. Compton
    Laundry Features
    1. Inside
    Levels
    1. Two
    Living Area Source
    1. Assessor
    Lockboxtype
    1. None
    Lot Features
    1. Landscaped
    2. Lot 6500-9999
    3. Level
    4. Sprinkler System
    5. Walkstreet
    Middle School
    1. DAVIS
    Middleorjuniorschool
    1. Davis
    Parcel Number
    1. 6156017031
    Pool Features
    1. None
    Postalcodeplus4
    1. 1827
    Property Type
    1. Triplex
    School District
    1. Compton Unified
    Sewer
    1. Public Sewer
    View
    1. None
    Views
    1. 26
    Water Source
    1. Public
    Year Built
    1. 2024
    Year Built Source
    1. Builder
    Zoning
    1. CORM*
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    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836