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.
* 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.
Property Details
Price:
$1,058,888
MLS #:
RS24211655
Status:
Active
Baths:
0
Address:
310 W Magnolia Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
rncomptonnofrosecranseofcentral
City:
Compton
Listed Date:
Oct 11, 2024
State:
CA
ZIP:
90220
Lot Size:
7,197 sqft / 0.17 acres (approx)
Year Built:
1929
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Telephone
Map
Community
- Address310 W Magnolia Street Compton CA
- AreaRN – Compton N of Rosecrans, E of Central
- CityCompton
- CountyLos Angeles
- Zip Code90220
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Courtesy of Executive Bankers Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
310 W Magnolia Street
Compton, CA
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