338 W Magnolia St - Apartments FOR SALE


Compton, CA 90220- West Compton
$895,000 USD
949-630-0592
338 W Magnolia St, Compton, CA for Sale
$895,000 USD
Apartments - FOR SALE
1/6
null | 4.18% Cap Rate

338 W Magnolia St
Compton, CA 90220
West Compton


HIGHLIGHTS

  • Attractive Single-Story Layout
  • Private Fenced Common Area
  • Enclosed Parking & Garage
  • Substantial Rental Upside
  • Nearby Retail Amenities Include Target, Home Depot & ALDI

OVERVIEW

Morgan Skenderian Investment Real Estate Group is pleased to present a fourplex in the strong rental market of Compton. The new owners will benefit from the desirable single story layout, private garden area and close proximity to retail amenities such as Target, ALDI and Home Depot. Compton is an excellent rental market for apartment owners with NO MUNICIPAL RENT CONTROL. Rental demand exceeds supply, resulting in extremely low vacancy rates. The property is centrally located, giving residents convenient access to major employment centers.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

4

PRICE/UNIT

$223,750

CAP RATE

4.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,203 SF

ZONING

-

APN/PARCEL ID

6157-017-020

ASK ABOUT THIS PROPERTY

Peter GillinMorgan-Skenderian Investment Real Estate GroupMore Info
949-630-0592

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Peter GillinMorgan-Skenderian Investment Real Estate GroupMore Info
949-630-0592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.