Log In/Sign Up
329 W Magnolia St
Compton, CA 90220
Magnolia Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- The property is well managed by the current ownership and produces a healthy 6.70% cap rate
- Located in close proximity to Downtown Compton, Compton Airport, grocery stores, gyms, and a wide range of employment opportunities
- On-site leasing office provides a more straightforward opportunity for conversion into a revenue-generating unit or storage –Buyer to verify
- Provides dedicated parking for every unit, offering convenience and strong tenant appeal
- Offered with a seller financing option, providing buyers with the ability to secure favorable terms for acquiring the asset
- New ownership may add detached Accessory Dwelling Units (ADUs) on excess land, creating additional income –Buyer to verify
Property Facts
| No. Units | 8 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 7,132 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1929 |
| Building Class | C | ||
| Zoning | RH, Compton | ||
| 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 | 1929 |
| 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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | 850 |
Property Taxes
| Parcel Number | 6157-017-036 | Improvements Assessment | $1,190,674 |
| Land Assessment | $568,276 | Total Assessment | $1,758,950 |
Property Taxes
Parcel Number
6157-017-036
Land Assessment
$568,276
Improvements Assessment
$1,190,674
Total Assessment
$1,758,950
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
