310 W Magnolia Street
Compton, CA, 90220
$1,058,888
Beds
0 Baths
SqFt
0.17 Acres
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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.

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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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

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Tenant Pays
Electricity, Gas, Telephone

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310 W Magnolia Street
Compton, CA