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    329 W Magnolia Street

    Compton, CA 90220
    • $2,450,000
    • STATUS: ACTIVE
    • ON SITE: 17 days
    • ID#: 302992859
    UPDATED: 62 min ago
    $2,450,000
    • 3
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Compton (90220)
    Type:
    Multi-Family
    County:
    Los Angeles
    Area:
    Compton (90220)

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    Description

    This 8-unit investment property in downtown Compton, Calif., has been fully updated with $625k in renovations; including a new fire suppression system, new drive way and fencing. Absolutely no deferred maintenance means this building is ready to lease to quality tenants at market valuenot a rent control area or an opportunity zone. Approved Section 8 Housing. Located in up-and-coming area near lifestyle shopping, local dining spots, grocery stores, and just a few blocks from two large community parks. / c This 8-unit investment property in downtown Compton, Calif., has been fully updated with $625k in renovations; including a new fire suppression system, new drive way and fencing. Absolutely no deferred maintenance means this building is ready to lease to quality tenants at market valuenot a rent control area or an opportunity zone. Approved Section 8 Housing. Located in up-and-coming area near lifestyle shopping, local dining spots, grocery stores, and just a few blocks from two large community parks. / comptoncity.org for full city info

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.carriefilla.com/homes/113004208
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    329 W Magnolia Street Compton, CA 90220

    • Price: $2,450,000
    • Status: ACTIVE
    • Updated: 62 min ago
    • ID#: 302992859
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    Neighborhood:
    Compton (90220)
    County:
    Los Angeles
    Area:
    Compton (90220)
    Property Description
    This 8-unit investment property in downtown Compton, Calif., has been fully updated with $625k in renovations; including a new fire suppression system, new drive way and fencing. Absolutely no deferred maintenance means this building is ready to lease to quality tenants at market valuenot a rent control area or an opportunity zone. Approved Section 8 Housing. Located in up-and-coming area near lifestyle shopping, local dining spots, grocery stores, and just a few blocks from two large community parks. / c This 8-unit investment property in downtown Compton, Calif., has been fully updated with $625k in renovations; including a new fire suppression system, new drive way and fencing. Absolutely no deferred maintenance means this building is ready to lease to quality tenants at market valuenot a rent control area or an opportunity zone. Approved Section 8 Housing. Located in up-and-coming area near lifestyle shopping, local dining spots, grocery stores, and just a few blocks from two large community parks. / comptoncity.org for full city info
    Exterior Features

    Pool N/K Spa N/K

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1

    Property Features

    Actual Cap Rate 6.0 Annual Expense Actual 31460 Buildings 1 Gross Scheduled Income Actual 177600 Home Owners Fees 0.0 Security Automatic Gate Tenant Pays WaterElectricityGas/Propane Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Zoning Assessor

    Listing provided courtesy of Vista Sothebyãƒâ¢Ã¢Â€Šâ¬Ã¢Â€Žâ¢S International Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Carrie Filla & Associates | Pacific Sotheby's International Realty
    5825 Avenida Encinas Ste 101
    Carlsbad CA, 92008