947 W Magnolia Street | Los Angeles | State of California | Prices, Plans, Availability

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947 W Magnolia Street

USD 1,500,000

Property ID: OC24186459

947 W Magnolia Street ,90220

7500 SqFt

Built in 2024

USD 200/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

3616

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 2024

Detailed Introduction Of This Home

947 W. Magnolia St presents an exceptional investment opportunity to acquire a 3-unit building in Compton, California, known as the "Hub City" for its central location within Los Angeles County and convenient access to major freeways. Situated adjacent to the Alameda Corridor, which handles 25% of all U.S. waterborne international trade, Compton is rapidly transforming into a key industrial hub for transit, distribution, business services, high-tech industries, and more. This property includes a diverse unit mix: (2) four-bedroom/three-bathroom units and (1) two-bedroom/one-bathroom unit. Additional features include spacious floorplans, 2 two car garages, and laundry in each unit. With strong potential for rent increases, this asset provides the opportunity to enhance cash flow and further boost the already impressive cash-on-cash return.

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