436 W Magnolia Street Pending Save Request In-Person Tour Request Virtual Tour
Compton,CA 90220
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25166662
Bedrooms 4
Lot Size 7,197 Sqft
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
We are pleased to present an excellent opportunity to acquire a stabilized, income-producing 6-unit property featuring a diverse unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (3) large Studio units, appealing to a broad tenant base. Compton follows AB-1482, there is no localized rent control. The property is gated and provides tenants with onsite garage parking, including (3) 2-car garagesoffering future ADU conversion potential (buyer to verify) for added value and income upside. Landlord expenses are minimal thanks to a RUBS utility billing system and separate gas and electricity metering for each unit, ensuring operational efficiency. With a GRM of 9.28 and a Cap Rate of 8.03%, this asset provides strong in-place cash flow from day one, with upside potential in rental income. At only $183K per unit, its priced to sellan excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Rosecrans Ave. West of Alameda St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6157022007