310 W Magnolia Street Active

Compton,CA 90220

$ 1058888

8 Beds

6 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS24211655

Bedrooms 8

Lot Size 7,197 Sqft

Property Description

Investment Opportunity: Introducing this Prime Multi-Family income property that's been well-maintained. This property presents a compelling investment opportunity in the densely populated, and thriving Compton rental market * Gross income of $101,616 annually and 6.3% Cap rate is top market revenue producer at offering price renders ideal levered and unlevered returns * Desirable Unit Mix: Two three-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. * Prime Location: Conveniently situated near schools, shopping centers, and major transportation routes, ensuring strong tenant demand. * Growth Potential: Compton's growing population and rising rental rates make this property an excellent long-term investment. Investment Highlights: * Stable Cash Flow: The property's established rental history and consistent income provide a reliable return on investment. * Value-Add Potential: Explore opportunities to enhance the property's value through renovations or additional amenities. * Strong Market Demand: The growing demand for rental housing in Compton makes this property a desirable asset.
Investment Opportunity: Introducing this Prime Multi-Family income property that's been well-maintained. This property presents a compelling investment opportunity in the densely populated, and thriving Compton rental market * Gross income of $101,616 annually and 6.3% Cap rate is top market revenue producer at offering price renders ideal levered and unlevered returns * Desirable Unit Mix: Two three-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. * Prime Location: Conveniently situated near schools, shopping centers, and major transportation routes, ensuring strong tenant demand. * Growth Potential: Compton's growing population and rising rental rates make this property an excellent long-term investment. Investment Highlights: * Stable Cash Flow: The property's established rental history and consistent income provide a reliable return on investment. * Value-Add Potential: Explore opportunities to enhance the property's value through renovations or additional amenities. * Strong Market Demand: The growing demand for rental housing in Compton makes this property a desirable asset.

Location

State CA

County Los Angeles

Area Compton (90220)

Zoning Assessor

Building

Story 1

Others

Monthly Total Fees $91

Acceptable Financing Cash,Conventional,Exchange,FHA

Space Rent $2,888

Listing Terms Cash,Conventional,Exchange,FHA

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