947 W Magnolia St, Compton, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$1,500,000

947 W Magnolia St
Compton, California, United States

10bd 6ba

Listed By: Realtyww Info

Listed On: 09/13/2024

Listing ID: GL11185977 View More Details

Description

947 W. Magnolia St presents an exceptional investment opportunity to acquire a 3-unit building in Compton, California, known as the Hub City for its central location within Los Angeles County and convenient access to major freeways. Situated adjacent to the Alameda Corridor, which handles 25% of all U.S. waterborne international trade, Compton is rapidly transforming into a key industrial hub for transit, distribution, business services, high-tech industries, and more. This property includes a diverse unit mix: (3) three-bedroom/two-bathroom units. Additional features include spacious floorplans, 2 two car garages, and laundry in each unit. With strong potential for rent increases, this asset provides the opportunity to enhance cash flow and further boost the already impressive cash-on-cash return.

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Listed by: Alex Pirro