310 West Magnolia Street
$1,058,888
8
6
2,834
2,834
$374
Description
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...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.
- Listed by Isaac Rosales • DRE #01389408 • Brokerage DRE #01526757 • Executive Bankers Realty • 310-754-0124
Property Details for 310 West Magnolia Street
Parking Spaces Total
0
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2834
Assessor Parcel Number6157-017-025
Property Attached YNtrue
LISTING UPDATED: 10/17/2024 06:51 AM
Property Details for 310 West Magnolia Street
Status | Active |
---|---|
MLS # | RS24211655 |
Days on Market | 42 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1929 |
Lot Size | 0.17 AC / 7,197 SF |
County | Los Angeles County |
Building Information for 310 West Magnolia Street
Stories1Residences-Year Built1929Building Size-Lot Size0.17 AC / 7,197 SF
Property Information for 310 West Magnolia Street
Property History for 310 West Magnolia Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 310 West Magnolia Street
Taxable ValueLand$586,500Additions$367,200Total$953,700
Tax Record2024$16,578 ($1,381 / month)
Home Facts
Total Finished SqFt2,834 SqFtAbove Grade Finished SqFt2,834 SqFtLot Size7,197 SqFtStyleQuadraplexYear Built1929ZoningCOPRH*CountyLOS ANGELESAPN6157-017-025
Schools near 310 West Magnolia Street
This home is within Compton Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dickison Elementary School PublicK to 8 | ||
Davis Middle School Public6 to 8 | ||
Compton High School Public9 to 12 | ||
Compton Early College High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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