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$1,650,000
New Listing

329 W Magnolia Street
Compton, CA 90220

For Sale|Residential Income|Active
12
Beds
8
Total Baths
7,132
SqFt
$231
/SqFt
1929
Built
County:
Los Angeles
Listed by Sean Rosenzweig of Marcus & Millichap [email protected]

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(678) 675-6575
329 W Magnolia Street329 W Magnolia Street329 W Magnolia Street329 W Magnolia Street
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We are pleased to offer for sale an 8-unit apartment community located at 329 W Magnolia Street. The property is situated west of Alameda Street and south of Rosecrans Avenue.Located in Downtown Compton, the asset sits in close proximity to the Compton Courthouse and Compton Airport, providing convenient access to a wide range of employment opportunities. Additionally, 329 W Magnolia Street is near various local retail and dining options, making it a desirable location for tenants.Situated on a 7,132-square-foot parcel, the property consists of four one-bedroom units and four two-bedroom units. It offers on-site parking for every unit, along with additional space that may allow for potential ADU development (buyer to verify). 329 W Magnolia Street offers investors the opportunity to acquire an asset in a sought-after working-class market of Compton. The continued revitalization of the surrounding area, combined with the property's value-add potential through interior renovations, positions this asset as an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
0 Days
Bedrooms 
12
Inside Area (SqFt) 
7,132 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2064 Acres
Year Built 
1929
MLS® Number 
25629895
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
15 hours agoListing first seen on site
General Features
Acres 
0.2064
Levels 
Two
Number Of Stories 
2
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
7132
Zoning 
CORH*
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Community Features
MLS Area 
RP - Compton S of Rosecrans, E of Central,W of Ala


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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