Compton, CA 90220,947 W Magnolia Street
Listed by Alex Pirro • Kase Real Estate
Bought with Brian Jung • BJ Realty

$1,400,000

Est. payment /mo

$1,449,000

3.4%
Est.Price: ?

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947 W Magnolia Street Compton, CA 90220

10 Beds

7 Baths

3,616 SqFt

SOLD DATE : 05/13/2025

Key Details

Sold Price $1,400,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $387

MLS Listing ID CROC24162247

Sold Date 05/13/25

Bedrooms 10

Full Baths 7

HOA Y/N No

Year Built 2024

Lot Size 7,500 Sqft

Property Sub-Type Detached

Source Datashare California Regional

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

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Pool None

View None

Private Pool false

Building

Lot Description Level, Landscape Misc

Story 2

Water Public

Schools

School District Compton Unified

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Bay East AOR and Contra Costa AOR
agent

La Rosa Realty

Corporate

+1(321) 939-3748

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