$1,500,000 Est. $5,523 / mo.*

947 W Magnolia Street Compton , CA 90220

Description

10 Beds
7 Baths
3,616 Sqft
7,501 Sqft lot
0.17 Acre lot
Status: Active
Property Type: Triplex
Year Built: 2024
Days on Website: 73
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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Doug Hornecker

909-286-1974 909-286-1974