400 W Magnolia Street, Compton, CA 90220

About this fourplex

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. This property is being offered at a CAP rate of 5.1% and a GRM of 12.67 with over 20% upside to market rents.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$860,000

Sold September 2021 · listed $975,000, on market August 2021 · MLS #SB21175382 · Source: CRMLS

Listing Agent: Derek Branch · Listing Office: Alden Pacific Investments, Inc. · Contact: 310-399-0039 · Bought with: Derek Branch · Alden Pacific Investments, Inc.

$550,000

Sold December 2013 · on market October 2013 · MLS #OC13214040 · Source: CRMLS

Listing Agent: Prashant Sampat · Listing Office: Pacific Avenue Realty · Contact: 562-841-0227 · Bought with: Jeanet Salazar · J A T S Enterprises Inc

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