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329 W Magnolia St

compton, CA 90220

$1,650,000

  • 12 BR
    APPROX. 7,132 SF

INTERESTED? LET'S CONNECT

We are pleased to offer for sale an 8-unit apartment community located at 329 W Magnolia Street. The property is situated west of Alameda Street and south of Rosecrans Avenue.Located in Downtown Compton, the asset sits in close proximity to the Compton Courthouse and Compton Airport, providing convenient access to a wide range of employment opportunities. Additionally, 329 W Magnolia Street is near various local retail and dining options, making it a desirable location for tenants.Situated on a 7,132-square-foot parcel, the property consists of four one-bedroom units and four two-bedroom units. It offers on-site parking for every unit, along with additional space that may allow for potential ADU development (buyer to verify). 329 W Magnolia Street offers investors the opportunity to acquire an asset in a sought-after working-class market of Compton. The continued revitalization of the surrounding area, combined with the property's value-add potential through interior renovations, positions this asset as an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

Details

7,132 Sq Ft

0.2064 Private Acres Lot Size

Investment

Built in 1929

MLS/Listing ID 25629895

2 Stories

8 Units

Amenities & Features

Parking - Uncovered

Heating - Other

Cooling - Other

CLAW

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Interested in 329 W Magnolia St?