New - 14 hours on Rocket
$10,000 Closing Credit¹
#DW25045939, Rick Rodriguez, Listing Office: Century 21 Realty Masters
#OC24186459·
Listing Office: KASE Real Estate, Inc.·
Listing Agent: Alex Pirro·
Listing Office Phone: 714-423-8762
$1,449,000 List price
947 W Magnolia St Compton, CA 90220
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 947 W Magnolia St
947 W. Magnolia St presents an exceptional investment opportunity to acquire a 3-unit building in Compton, California, known as the "Hub City" for its central location within Los Angeles County and convenient access to major freeways. Situated adjacent to the Alameda Corridor, which handles 25% of all U.S. waterborne international trade, Compton is rapidly transforming into a key industrial hub for transit, distribution, business services, high-tech industries, and more. This property includes a diverse unit mix: (2) four-bedroom/three-bathroom units and (1) two-bedroom/one-bathroom unit. Additional features include spacious floorplans, 2 two car garages, and laundry in each unit. With strong potential for rent increases, this asset provides the opportunity to enhance cash flow and further boost the already impressive cash-on-cash return.
Highlights
Home typeTriplex
StatusActive
Lot size0.1722 Acres
Year built2024
MLS #OC24186459
Garage4 spaces
Summary
- MLS Number: OC24186459
- MLS Name: CRMLS
- Office Name: KASE Real Estate, Inc.
- Office Phone: (714) 423-8762
- Listing Agent: Alex Pirro
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,449,000
947 W Magnolia St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 09, 2021 | Home Sold | $485,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $504,593 | $9,357 |
| 2023 | $494,700 | $9,236 |
| 2022 | $485,000 | $8,237 |
| 2021 | $34,368 | $1,037 |
| 2020 | $34,017 | $1,014 |
| 2019 | $33,351 | $992 |
| 2018 | $32,698 | $976 |
| 2017 | $32,058 | $976 |
History based on county public records data.
Nearby schools
6
George Washington Elementary School
Public District KG-6
0.6 mi
•1421 N Wilmington Ave
4
Charles W. Bursch Elementary School
Public District PK-5
0.8 mi
•2505 W 156th St
5
Rosecrans Elementary School
Public District KG-6
0.9 mi
•1301 N Acacia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,035. The majority of Compton, CA residents have income between $35k-100k annually. The most common type of family is married, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
44%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
29%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 947 W Magnolia St in Compton, CA and zip code 90220 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $1,449,000.
Compton, CA housing market in February 2025 saw over 15 listings sold above listed price, more than 4 sold at listed price and over 2 sold below. In February 2025 in Compton, CA there were 3.6% less homes for sale than in January. The median list price of listings available in February 2025 was $640,000, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.