436 W Magnolia Street

Compton, CA 90220
$1,100,000
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… Read MoreRead Less
Property listed by RE/MAX 2000 REALTY, Kristopher German 310-259-7556
Listing Snapshot
Days Online
428
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1952
MLS Number
CV25166662
Property Location Map
Additional Details
Building
Built in 1952, 2 buildings, 1 storey, Levels: One, Two, Entry level: 1, Entry location: 1
Community
Sidewalks
Cooling
WallWindowUnits
Expenses
Electric: $175, Insurance: $3,450, Maintenance: $4,500, Operating: $26,746, Trash: $2,935, Water/Sewer: $2,002
Fence
WroughtIron
Fireplaces
None
Garage
6 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $9,381, Gross ScheduledIncome: $118,582, Net Operating Income: $88,279
Laundry
None
Lot
0.1652 acres, ZeroToOneUnitAcre
Parking
6 total parking spaces, DoorMulti, Garage
Pool
None
Roof
Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 6157022007, Tax Block: 022, Lot: 6157, Zoning: COPRH*
Tenant Pays
Electricity, Gas
Utilities
ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable, Water Source: Public, 6 separate electric meters, 6 separate gas meters
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Monthly Payment
$0
Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.