CA > Compton
Compton, CA 90220,310 W Magnolia ST
Compton, CA 90220,310 W Magnolia ST
Compton, CA 90220,310 W Magnolia ST
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$1,058,888
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7,196 Sqft Lot
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310 W Magnolia ST Compton, CA 90220

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Jenny Wu

Jenny Wu

+1(909) 569-8888

UPDATED:

10/17/2024 08:51 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS24211655

HOA Y/N No

Year Built 1929

Lot Size 7,196 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

Zoning COPRH*

Interior

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6157017025

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Isaac Rosales • Executive Bankers Realty • 310-754-0124

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Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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310 W Magnolia ST

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