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310 Magnolia Street
Compton, CA 90220
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 INFORMATION
| MLS # | RS24211655 | Lot Size | 7,197 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,058,888
Price Per SqFt: $ 374 |
DOM | 208 Days |
| Address | 310 Magnolia Street | Type | Residential Income |
| City | Compton | Sq.Ft. | 2,834 Sq. Ft. |
| Postal Code | 90220 | Garage | N/A |
| County | Los Angeles | Year Built | 1929 |
| Bed / Bath | 8 / 0 | Parking | N/A |
| Built In | 1929 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community, Individual Room |
| Has Fireplace | No |
| Fireplace Information | None |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 85 (Very Walkable)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,129
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/11/2024 | Listed | $1,058,888 |
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Listing provided courtesy of Isaac Rosales, Executive Bankers Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
