310 W Magnolia Street
Compton, CA 90220
0.17 acres | #RS24211655
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 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
- Lot DescriptionTwoToFiveUnitsAcre
- Stories1
Measurements
- Acres0.1652
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1929
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,058,888
Other
- MLS #RS24211655
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Isaac Rosales (#RROSAISA)
Listing Office: Executive Bankers Realty (#REX8)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
