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947 W Magnolia Street, Compton, CA 90220

Triplex · 2 recorded sales since 2025

947 W Magnolia Street, Compton, CA 90220 Sold May 2025 CRMLS
$1,400,000Sold May 2025

Listing Agent: Alex Pirro (DRE #01773134) · Listing Office: Kase Real Estate · Contact: 714-423-8762 · Bought with: Brian Jung · BJ Realty · MLS #OC24186459 · Source: CRMLS

7,500 sqft
Lot Size
2024
Year Built
Triplex
Type
2
Stories
4
Garage
None
Cooling

About this triplex

947 W. Magnolia St presents an exceptional investment opportunity to acquire a 3-unit building in Compton, California, known as the "Hub City" for its central location within Los Angeles County and convenient access to major freeways. Situated adjacent to the Alameda Corridor, which handles 25% of all U.S. waterborne international trade, Compton is rapidly transforming into a key industrial hub for transit, distribution, business services, high-tech industries, and more. This property includes a diverse unit mix: (2) four-bedroom/three-bathroom units and (1) two-bedroom/one-bathroom unit. Additional features include spacious floorplans, 2 two car garages, and laundry in each unit. With strong potential for rent increases, this asset provides the opportunity to enhance cash flow and further boost the already impressive cash-on-cash return.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$1,400,000
Sold May 2025 · listed $1,449,000, orig. $1,500,000, on market August 2024 · MLS #OC24186459 · Source: CRMLS
Listing Agent: Alex Pirro · Listing Office: Kase Real Estate · Contact: 714-423-8762 · Bought with: Brian Jung · BJ Realty
$1,400,000
Sold May 2025 · listed $1,449,000, orig. $1,500,000, on market August 2024 · MLS #OC24162247 · Source: CRMLS
Listing Agent: Alex Pirro · Listing Office: Kase Real Estate · Contact: 714-423-8762 · Bought with: Brian Jung · BJ Realty
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