338 W Magnolia St | Compton, CA 90220
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- LoopNet Team
338 W Magnolia St
Compton, CA 90220
Multifamily Property For Sale · 4 Units
Investment Highlights
- Huge vale-add opportunity with over 26% once units are rented out for market
- (4) 1Bed/1Bath Garden Style Units featuring hardwood floors, newer fixtures and on-site laundry room for tenants
- Large 7,203 Sq.Ft Lot
- Currently operating at a 4.42% CAP, with room to grow to 6.69% Market CAP
- (4) garages with alleyway access, plus (1) bonus spot next to garage spaces
- Separately Metered for Gas and Electric
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 2,360 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built | 1939 |
| Building Class | C | Parking Ratio | 2.12/1,000 SF |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,360 SF |
| No. Stories | 1 |
| Year Built | 1939 |
| Parking Ratio | 2.12/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 6157-017-020 | Improvements Assessment | $442,421 |
| Land Assessment | $774,236 | Total Assessment | $1,216,657 |
PROPERTY TAXES
Parcel Number
6157-017-020
Land Assessment
$774,236
Improvements Assessment
$442,421
Total Assessment
$1,216,657
zoning
| Zoning Code | COPRH* (Permanent Room Housing) |
| COPRH* (Permanent Room Housing) |
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