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400 W Magnolia St.

400 W Magnolia St., Compton, CA 90220

  • For Sale $975,000
  • City Compton
  • Zip Code 90220
  • Market Los Angeles
  • Property Type Multi-Family
  • Property Size 3,640 Sqft
  • Lot Size 0.15 Acre
  • Building Class C
  • Year Built 1958
  • Date Updated 29 May, 2021
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 have potential at over 20% upside to market rents. This property is being offered at a CAP rate of 4.5% and a GRM of 12.67.
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Contacts

John Alden

Alden Pacific Investments

(310) 387-3489

Highlights

  • Walking distance to the Compton Library and Martin Luther King Jr Memorial Park
  • Surrounded by great shopping and dining locations on W Compton Boulevard
  • Large 6,740 Sq Ft Corner Lot at the intersection of N Oleander and W Magnolia
  • Great Unit Mix consisting of: 2 - 3 Bedroom 2 Bath Units & 2 - 2 Bedroom 1 Bath Units
  • Lots of Value add potential at over 20% upside to market rents
  • 4.5% Cap Rate and 12.67 GRM on actuals

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 400 W Magnolia St.?

Rental asking rate at 400 W Magnolia St. is Subject To Offer per square foot.

What is the total square footage of 400 W Magnolia St.?

400 W Magnolia St. totals 3,640 square feet.

When was this property built?

400 W Magnolia St. was built in 1958.

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Contact Listing Broker

John Alden

Alden Pacific Investments

(310) 387-3489

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