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329 W Magnolia Street

Compton, CA 90220
  • $1,650,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: 25629895
UPDATED: 70 min ago
$1,650,000
  • 12
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,132
    SQFT
  • $231
    $/SQFT

School Ratings & Info

Listing Agent(s): Sean Rosenzweig of Marcus & Millichap (310-909-5500)


Description

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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171508227
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329 W Magnolia Street Compton, CA 90220

  • Price: $1,650,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 70 min ago
  • ID#: 25629895
12
Beds
0
Baths
0
½ Baths
0.21
Acres
7,132
SQFT
$231
$/SQFT
1929
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 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.
Exterior Features

Parking Features Uncovered Parking Total 8

Property Features

Association YN No Cap Rate 6.7 Gross Income 186000 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 110537 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning CORH*



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Sean Rosenzweig of Marcus & Millichap (310-909-5500)