947 W Magnolia Street
Compton, CA 90220
- 10 beds
- – baths
- 3,616 sqft
- 7,500 sqft lot
- $400 per sqft
- 2024 build
- – on site
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.
Last checked:
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Last updated Apr 14, 2025
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MLS# CROC24186459 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:2024
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Building Area Units:Square Feet
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Building Area Total:3616
Room Dimensions
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Living Area:3616
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Living Area Units:Square Feet
Location
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Directions:N Kemp Ave W. Magnolia St.
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:6156017031
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Zoning:CORM
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Lot Features:Level
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Lot Size Area:0.17
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Lot Size Acres:0.17
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Lot Size SqFt:7500
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (714) 423-8762
Taxes
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Tax Tract:5427.00
Beds
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Bedrooms Total:10
The Listing
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Listing Terms:Cash
Heating & Cooling
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Laundry Features:Inside
The Community
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Association:false
Parking
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/14/25
Apr 14, 2025
|
Pending | BRIDGE | $1,449,000 | |
|
3/27/25
Mar 27, 2025
|
Sold Subject To Contingencies | BRIDGE | $1,449,000 | |
|
11/22/24
Nov 22, 2024
|
Price Changed | BRIDGE | $1,449,000 | -3.3% |
