313 W Magnolia, Compton, CA 90220
- $800,000
- List Price
- $800,000
- Price Change
- ▼ $49,000 1784610212
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- PW26040779
- Year Built
- 1945
- Lot Size
- 5,993
- Acres
- 0.14
- Lot Location
- Near Public Transit
- Days on Market
- 153
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Fully occupied 4-unit investment opportunity in the heart of Compton. This income-producing quadplex features four spacious units, each with 2 bedrooms, 1 bathroom, and functional layouts. The building and grounds were updated within the last year with new exterior paint, refreshed landscaping, and a privacy fence with a motorized gate that provides access to the covered & uncovered parking spaces at the back. The property also includes 5 newly installed exterior security cameras. Conveniently located near the 110, 710, 91, and 105 freeways and close to shopping, dining, and everyday amenities. Just minutes from Compton City Hall and the new $225MM Compton High School High Tech Rebuild, this property offers strong rental potential and long term upside for investors.
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Additional Information
- Pool Description
- None
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $75,506
- Operating Expense
- 9962
Listing courtesy of Listing Agent: Jeff Anderson (MLS@AndersonREG.com) from Listing Office: eXp Realty of California Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.