338 W Magnolia Street
Compton, CA 90220    Directions

338 W Magnolia St is a 4-Unit asset located in the heart of Compton. One unitwill be delivered tenant ready, beneficial to the new owner! This value-add asset iscomprised of (4) 1-bedroom/1-bath units, currently operating at a 4.42% CAP.The building has 2,360 Sq.Ft of living space and the units feature hardwoodfloors, new interior paint, spacious layouts, and an open outdoor area. Thereis laundry on-site, as well as 4 garage parking spots, plus one bonus outdoorspot. Still plenty of room to grow the monthly rental income, with an 6.69%Market CAP.338 W Magnolia St in Compton sits on an oversized 7,203 SqFt Lot. Thisvalue-add asset has over 26% in monthly rental income, once units are rentedfor market! This is an ideal investment for any owner/user or investor lookingfor massive upside.The subject property is within walking distance of the Compton Library andMartin Luther King Jr Memorial Park. Just a few miles away from $6 Billionworth of development in Long Beach, including The Uptown Commons, andplenty of new housing projects. Metro's "A-Line," running from Downtown LongBeach to Downtown Los Angeles, also has a Compton station within a mile of338 W Magnolia Street.