Listing provided courtesy of Alex Pirro of KASE Real Estate, Inc.. Last updated 2024-11-16 09:07:45.000000. Listing information © 2024 Sandicor.
Asking Price: $1,500,000
947 Magnolia, Compton CA 90220
Community: RP - Compton S of Rosecrans, E of Central,W of Ala
This Triplex property was built in 2024 and is priced at $1,500,000. Please see the additional details below.
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.