Compton, CA 90220,329 W Magnolia St
Compton, CA 90220,329 W Magnolia St
Compton, CA 90220,329 W Magnolia St
16
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$1,650,000
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12 Beds
8 Baths
7,132 SqFt
New

329 W Magnolia St Compton, CA 90220

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,132 sqft

Price per Sqft $231

MLS Listing ID 25629895

Bedrooms 12

Year Built 1929

Lot Size 8,989 Sqft

Acres 0.2064

Property Sub-Type Multi-Family

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 Compton S Of Rosecrans, E Of Central, W Of Alameda

Zoning CORH*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Uncovered

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

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Epique Realty

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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329 W Magnolia St