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    1/2 BATHS
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Listing Details

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On Site
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MLS #
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School Ratings & Info

Description

***PRICE REDUCED $155,000 - SELLER MOTIVATED - 5.33% CAP ON CURRENT INCOME*** We are pleased to present 329 W. Magnolia Street, an 8-unit building located in Compton, California. The building consists of (4) one-bedroom/one-bathroom units and (4) two-bedroom/one-bathroom units. Three of the eight units are currently vacant. Built in 1929, the 7,132 SF building sits on a large 8,988 SF lot. The property includes an office on the second floor which could be converted into a storage or laundry room for the building. Recent improvements include new fire safety system, new windows, new interior unit and hallway flooring, recent interior and exterior paint. The property is zoned CORH.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
www.buysocal.homes/homes/119107426
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329 W Magnolia Street Compton, CA 90220

  • Price: $1,795,000
  • Status: Active
  • ID#: 21758340
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1929
Built
Neighborhood:
RP - Compton S of Rosecrans, E of Central,W of Ala
County:
Los Angeles
Area:
RP - Compton S of Rosecrans, E of Central,W of Ala
Property Description
***PRICE REDUCED $155,000 - SELLER MOTIVATED - 5.33% CAP ON CURRENT INCOME*** We are pleased to present 329 W. Magnolia Street, an 8-unit building located in Compton, California. The building consists of (4) one-bedroom/one-bathroom units and (4) two-bedroom/one-bathroom units. Three of the eight units are currently vacant. Built in 1929, the 7,132 SF building sits on a large 8,988 SF lot. The property includes an office on the second floor which could be converted into a storage or laundry room for the building. Recent improvements include new fire safety system, new windows, new interior unit and hallway flooring, recent interior and exterior paint. The property is zoned CORH.
Exterior Features

Parking Features Gated

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Gross Income 160296 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 95606 Senior Community YN No Special Listing Conditions Real Estate Owned Zoning Corh*

Listing provided courtesy of Matthew Ziegler of Marcus & Millichap


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
 
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The Kohler Group | Zutila
4000 Barranca Parkway #105
Irvine CA, 92604