Compton, CA 90220,947 W Magnolia ST
Compton, CA 90220,947 W Magnolia ST
Compton, CA 90220,947 W Magnolia ST
47
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$1,400,000
$1,449,000 3.4%
Est. payment /mo
10 Beds
7 Baths
3,616 SqFt
Sold on 05/13/2025

947 W Magnolia ST Compton, CA 90220

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Jennifer Stuart
Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

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Phone*
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UPDATED:

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $387

MLS Listing ID OC24162247

Bedrooms 10

Full Baths 7

Year Built 2024

Lot Size 7,501 Sqft

Property Sub-Type Triplex

Property 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.

Location

State CA

County Los Angeles

Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala

Zoning CORM*

Interior

Cooling None

Fireplaces Type None

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks, Urban

View Y/N No

View None

Building

Lot Description Landscaped, Level, Sprinkler System, Walkstreet

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Chapman

Middle Schools Davis

High Schools Compton

School District Compton Unified

Others

Acceptable Financing Cash, Conventional, Contract, 1031 Exchange, Submit

Listing Terms Cash, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Alex Pirro • Kase Real Estate • 714-423-8762
Bought with Brian Jung • BJ Realty

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agent

Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

Name
Phone*
Message

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947 W Magnolia ST