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Address
400 W Magnolia Street Compton, CA
Price
$ 975,000
Property Attributes
  • MLS#SB20250544
  • TypePending
  • CountyLOS ANGELES
  • CityCompton
  • AreaCompton S of Rosecrans - E of Central - W of Ala
  • Zip90220
  • StyleQuadruplex
  • Price$ 975,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Derek Branch with Alden Pacific Investments, Inc..
Data Source:
CRMLS
Property Description

This 4 unit property is located on a large 6,740 sqft corner lot at the intersection of N Oleander and W Magnolia in Compton, CA. It is surrounded by great shopping and dining locations on W Compton Blvd and is within walking distance of the Compton Library and Martin Luther King Jr Memorial Park. The property boasts a great unit mix consisting of (2) 3BD/2BA and (2) 2BA/1BA units that. This property is being offered at a CAP rate of 5.1% and a GRM of 12.67 with over 20% upside to market rents.

Price History
12/11/2020 Listed $975,000

General Features

Community Features Biking, Curbs, Dog Park, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks, Urban
Garage Spaces 3
Garage Y/N Yes
Levels Two
MLS Area RP - Compton S of Rosecrans, E of Central, W of Ala
Parking Features Covered, Door-Multi, Garage
Pool Features None
Property Attached Y/N Yes
Property SubType Quadruplex
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 6365
Total Units 4
Water Sewer Expense 2400

Interior Features

Common Walls 2+ Common Walls
Laundry Features Laundry Room

Exterior Features

Lot Features 2-5 Units/Acre
Lot Size Acres 0.15
Lot Size Area 6740
Lot Size Square Feet 6740
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 5
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Total Parking 3
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90220

Price
AVG $450K
$980K
Visits
AVG 62
60
Year Built
AVG 1959
1958
Walkscore
AVG 61
84
Data Provided by Walkscore ® not using MLS data

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