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    947 Magnolia Street, Compton, CA 90220
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    947 Magnolia Street
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    • MLS#: OC24186459 ( Triplex )
    • Street Address: 947 Magnolia Street
    • Viewed: 10
    • Price: $1,449,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2024
    • Bldg sqft: 0
    • Days On Market: 154
    • Additional Information
    • County: LOS ANGELES
    • City: Compton
    • Zipcode: 90220
    • Provided by: KASE Real Estate, Inc.
    • 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
    Building Area Total
    1. 3616.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 99
    Electric Expense
    1. 2114.00
    Entry Location
    1. Front Door
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 4.00
    Insurance Expense
    1. 2626.00
    Laundry Features
    1. Inside
    Levels
    1. Two
    Lockboxtype
    1. None
    Lot Features
    1. Landscaped
    2. Lot 6500-9999
    3. Level
    4. Sprinkler System
    5. Walkstreet
    Netoperatingincome
    1. 147032.00
    Parcel Number
    1. 6156017031
    Pool Features
    1. None
    Postalcodeplus4
    1. 1827
    Property Type
    1. Triplex
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 422711199:CRM
    Taxblock
    1. 16
    Tenant Pays
    1. Gas
    2. Sewer
    3. Trash Collection
    4. Water
    Totalexpenses
    1. 8968.00
    Trash Expense
    1. 2114.00
    View
    1. None
    Views
    1. 10
    Water Sewer Expense
    1. 2114.00
    Water Source
    1. Public
    Year Built
    1. 2024
    Year Built Source
    1. Builder
    Zoning
    1. CORM*
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    1. Silva Babaian / Realtor
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    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836