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Sold for $1,400,000 on 05/13/25
  • Listing Provided by: 

    Alex Pirro DRE #01773134 714-423-8762,

    Kase Real Estate

    Bought with: BJ Realty
    $1,400,000

    947 W Magnolia St, Compton, CA 90220

    10beds
    3,616sqft
    Triplex
    Built in 2024
    -- sqft lot
    $1,374,700 Zestimate®
    $387/sqft
    $3,931 Estimated rent

    Owner options

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    $3,931/mo

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    $3,931/mo

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    $8,775/mo

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    $8,775/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: May 13, 2025 at 08:27pm

    Listing Provided by:

    Alex Pirro DRE #01773134 714-423-8762,

    Kase Real Estate

    Bought with:

    Brian Jung, DRE #01946975

    BJ Realty

    Source: CRMLS,MLS#: OC24162247MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    • Main level bathrooms: 5
    • Main level bedrooms: 8
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 3,616 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Attached garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front Door
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,500 sqft
    • Features: Landscaped, Level, Sprinkler System, Walkstreet
    Details
    • Parcel number: 6156017031
    • Zoning: CORM*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks, Urban
    Location
    • Region: Compton

    Other

    Other facts
    • Listing terms: Cash,Conventional,Contract,1031 Exchange,Submit
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    Estimated market value
    $1,374,700