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329 W Magnolia St
Compton, CA 90220
Magnolia Apartments · Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 7,132 SF
No. Stories 2
Year Built/Renovated 1929/2018
Zoning RH, Compton

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

ABOUT 329 W MAGNOLIA ST , COMPTON, CA 90220

The subject property is a 7,132 square-foot, two-story apartment building situated on an 8,988 square-foot lot. This charming apartment building offers an attractive mix of spacious (4) two-bedroom units and (4) one-bedroom units in a non-rent control area. 6 out of the 8 units have been updated with new flooring, new cabinets, granite counter tops, newly updated bathrooms with vanities and tiling, and updated plumbing. The exterior of the apartment building has new paint, windows and doors. Property has gated parking for 8 cars. Compton is one of L.A.’s hot new markets as it’s desirability is apparent to renters and developers alike due to a centralized location; Downtown Compton adjacent near amenities such as City Hall, The Compton Library, Compton Blue Line Station, Compton Towne Shopping and convenient to freeways and schools. This is an opportunity to own an apartment building in the heart of Compton in a non-rent control area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6157-017-036
Land Assessment
$568,276
Improvements Assessment
$1,190,674
Total Assessment
$1,758,950
  • Listing ID: 13444931

  • Date on Market: 8/9/2018

  • Last Updated:

  • Address: 329 W Magnolia St, Compton, CA 90220

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