436 W Magnolia Street, Compton, CA 90220

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,150,000

Est. payment - /mo

4 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25166662

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present an excellent opportunity to acquire a stabilized, income-producing 6-unit property featuring a diverse unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (3) large Studio units, appealing to a broad tenant base. Compton follows AB-1482, there is no localized rent control. The property is gated and provides tenants with onsite garage parking, including (3) 2-car garagesoffering future ADU conversion potential (buyer to verify) for added value and income upside. Landlord expenses are minimal thanks to a RUBS utility billing system and separate gas and electricity metering for each unit, ensuring operational efficiency. With a GRM of 9.67 and a Cap Rate of 7.35%, this asset provides strong in-place cash flow from day one, with upside potential in rental income. At only $192K per unit, its priced to sellan excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Rosecrans Ave. West of Alameda St

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 6157022007

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Listed by Kristopher German RE/MAX 2000 REALTY

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436 W Magnolia Street Compton, CA 90220