310 W Magnolia Street, Compton, CA 90220
-
Listed Price :
$1,058,888
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1929
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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Laundry Room |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
310 W Magnolia Street |
| City |
Compton |
| State |
CA |
| Zip |
90220 |
| County |
Los Angeles |
| Listing Agent |
Isaac Rosales DRE #01389408 |
| Courtesy Of |
Executive Bankers Realty |
| List Price |
$1,058,888 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
7,197 |
| Year Built |
1929 |
Listing information courtesy of: Isaac Rosales, Executive Bankers Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 12th, 2024 at 1:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
