Properties
Compton, CA 90220 313 W Magnolia
$849,000
6 more
Presented By: Jeff Anderson with eXp Realty of California Inc; 800-784-2616
Baths • 1
SQFT • 3,282
Home Details
Fully occupied 4-unit investment opportunity in the heart of Compton. This income-producing quadplex features four spacious units, each with 2 bedrooms, 1 bathroom, and functional layouts. The building and grounds were updated within the last year with new exterior paint, refreshed landscaping, and a privacy fence with a motorized gate that provides access to the covered & uncovered parking spaces at the back. The property also includes 5 newly installed exterior security cameras. Conveniently located near the 110, 710, 91, and 105 freeways and close to shopping, dining, and everyday amenities. Just minutes from Compton City Hall and the new $225MM Compton High School High Tech Rebuild, this property offers strong rental potential and long term upside for investors.
Presented By: Jeff Anderson with eXp Realty of California Inc; 800-784-2616
Interior Features for 313 W Magnolia
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 313 W Magnolia
AccessibilityParking
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate7.15
Carport Spaces4
Carport Y/NYes
CityCompton
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
DirectionsMagnolia
Electric Expense328.65
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income5589.05
HOANo
HOA Fee$
Insurance Expense568
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet5993
Lot Size UnitsSquare Feet
MLS AreaRO - Compton S of Rosecrans, E of Alameda
Net Operating Income60693.05
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces4
Operating Expense9962.45
Pool FeaturesNone
PostalCityCOMPTON
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesClosed Circuit Camera(s)
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot4
Taxes$3,961
Tenant PaysGas
Total Actual Rent5887.96
Trash Expense3164.3
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Water Sewer Expense1940.9
Year Built1945
Year Built SourceAssessor
Exterior for 313 W Magnolia
Building Area Total3282
Lot FeaturesNear Public Transit
Lot Size Acres0.1376
Lot Size Area5993
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesCovered, Carport, Driveway
Private PoolNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
