310 W Magnolia ST Active Save Request In-Person Tour Request Virtual Tour
Compton,CA 90220
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS24211655
Year Built 1929
Lot Size 7,197 Sqft
Property Description
Investment Opportunity: Introducing this Prime Multi-Family income property that's been well-maintained. This property presents a compelling investment opportunity in the densely populated, and thriving Compton rental market * Gross income of $101,616 annually and 6.3% Cap rate is top market revenue producer at offering price renders ideal levered and unlevered returns * Desirable Unit Mix: Two three-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. * Prime Location: Conveniently situated near schools, shopping centers, and major transportation routes, ensuring strong tenant demand. * Growth Potential: Compton's growing population and rising rental rates make this property an excellent long-term investment. Investment Highlights: * Stable Cash Flow: The property's established rental history and consistent income provide a reliable return on investment. * Value-Add Potential: Explore opportunities to enhance the property's value through renovations or additional amenities. * Strong Market Demand: The growing demand for rental housing in Compton makes this property a desirable asset.
Location
State CA
County Los Angeles
Area Rn - Compton N Of Rosecrans, E Of Central
Interior
Laundry In Laundry Room,Community Facility
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable