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338 W Magnolia St
Compton, CA 90220

Multifamily Property For Sale · 4 Units

Investment Highlights

  • Huge vale-add opportunity with over 26% once units are rented out for market
  • (4) 1Bed/1Bath Garden Style Units featuring hardwood floors, newer fixtures and on-site laundry room for tenants
  • Large 7,203 Sq.Ft Lot
  • Currently operating at a 4.42% CAP, with room to grow to 6.69% Market CAP
  • (4) garages with alleyway access, plus (1) bonus spot next to garage spaces
  • Separately Metered for Gas and Electric

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 2,360 SF
No. Stories 1
Year Built 1939
Parking Ratio 2.12/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6157-017-020
Land Assessment
$546,210
Improvements Assessment
$312,120
Total Assessment
$858,330

zoning

Zoning Code COPRH* (Permanent Room Housing)
COPRH* (Permanent Room Housing)
  • Listing ID: 24821161

  • Date on Market: 1/12/2022

  • Last Updated:

  • Address: 338 W Magnolia St, Compton, CA 90220

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