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    329 W Magnolia Street

    Compton, CA 90220
    • $1,795,000
    • STATUS: Active
    • ON SITE: 71 days
    • ID#: 21758340
    Foreclosure
    UPDATED: 74 min ago
    $1,795,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    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 2021-09-18T14:29:29.19. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/119107426
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    329 W Magnolia Street Compton, CA 90220

    • Price: $1,795,000
    • Status: Active
    • Updated: 74 min ago
    • 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 2021-09-18T14:29:29.19. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505