CA > Compton
Compton, CA 90220,329 W Magnolia ST
Compton, CA 90220,329 W Magnolia ST
Compton, CA 90220,329 W Magnolia ST
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$1,650,000
Est. payment /mo
12 Beds
8 Baths
7,132 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,132 sqft

Price per Sqft $231

MLS Listing ID 25629895

Bedrooms 12

HOA Y/N No

Year Built 1929

Property Description

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.

Location

State CA

County Los Angeles

Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala

Zoning CORH*

Interior

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6157017036

Special Listing Condition Standard

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CRMLS – RECore
Listed by Sean Rosenzweig Marcus & Millichap
Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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