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407 W Magnolia Street

Compton, CA 90220
  • $825,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: SB22159443
UPDATED: 70 min ago
$825,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent(s): John Stiegler II of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

We are pleased to present 407 W Magnolia St, Compton. Constructed in 1996, this duplex consists of (1) 3 bedroom 1 bathroom front unit, and (1) 3 bedroom 2 bathroom rear unit with an extra den for a total living area of 2,050 SF situated on a 5,991 SF lot. Both units have their own two car garage, washer/dryer hookups, and have been recently updated. This property is operating at a 5.2 Cap Rate on current income. Possible ADU potential, buyer to verify.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T16:33:12.003. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131079338
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407 W Magnolia Street Compton, CA 90220

  • Price: $825,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 70 min ago
  • ID#: SB22159443
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1996
Built
Neighborhood:
RP - Compton S of Rosecrans, E of Central,W of Ala
County:
Los Angeles
Area:
RP - Compton S of Rosecrans, E of Central,W of Ala
Property Description
We are pleased to present 407 W Magnolia St, Compton. Constructed in 1996, this duplex consists of (1) 3 bedroom 1 bathroom front unit, and (1) 3 bedroom 2 bathroom rear unit with an extra den for a total living area of 2,050 SF situated on a 5,991 SF lot. Both units have their own two car garage, washer/dryer hookups, and have been recently updated. This property is operating at a 5.2 Cap Rate on current income. Possible ADU potential, buyer to verify.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features Door-MultiDrivewayGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 5.2 Common Interest None Community Features SuburbanSidewalks Electric Expense 450 Fuel Expense 450 Garage YN Yes Gross Income 63000 Gross Scheduled Income 63000 Insurance Expense 2396 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 Exchange Maintenance Expense 2520 Net Operating Income 42881 New Construction YN No New Taxes Expense 10313 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 18229 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 450 Water Sewer Expense 450 Water Source Public Zoning Corh*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T16:33:12.003. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): John Stiegler II of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)