301 W Magnolia Street, Compton, California 90220, Compton, 90220 - bed, bath
ACTIVE$849,999$3,184/sqft
301 W Magnolia Street, Compton, California 90220
0Bed
0Bath
3,184Sqft
5,946Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: This quadruplex property offers four distinct units (two 1-bedroom, 1-bath and two 2-bedroom, 1-bath), providing a robust income stream and diversification for investors.
Top Cons:
Property Age & Potential Infrastructure Concerns: Built in 1952, the property's underlying infrastructure (e.g., plumbing, electrical systems) may be original or require substantial updates not detailed, potentially leading to unforeseen capital expenditures.
Compared to the nearby listings
Price:$850.0K vs avg $850.0K (+$0)50%
Size:3,184 sqft vs avg 2,670 sqft67%
Price/sqft:$267 vs avg $32211%
More Insights
Built in 1952 (74 years old).
Condition: Built in 1952, this property shows its age despite some recent exterior updates like fresh paint, new garage doors, and a new garage roof. The interior units feature laminate and tile flooring, but the kitchens and bathrooms appear to have been renovated 15-30 years ago or are original with cosmetic refreshes. Kitchens have dated cabinets and tile countertops, and bathrooms feature older fixtures and basic vanities. The presence of wall heaters and window AC units indicates a lack of modern central HVAC. While functional and tenant-ready, the property requires substantial interior updates to meet current quality and style standards.
Year Built
1952
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
DW26008414
Home ConditionFair
Features
View-
About this home
GREAT OPPORTUNITY TO OWN 4 UNITS IN THE CITY OF COMPTON! TWO 1 BEDROOM 1 BATH AND TWO 2 BEDROOM 1 BATH. EACH SPACIOUS UNIT HAS LAMINATE FLOORS, TILE IN KITCHEN AND BATHROOMS, LAUNDRY HOOK UPS. EACH UNIT HAS INDIVIDUAL GARAGE. 4 CAR GARAGE WITH NEW DOORS, GARAGE HAS NEW ROOF, BUILDING FRESHLY PAINTED, CLOSE TO COMPTON COURTHOUSE, CITY HALL, CITY LIBRARY, POST OFFICE, METRO, SCHOOLS, SHOPPING.
R
Rina Villeda
Listing Agent
Price History
Date
Event
Price
09/04/15
Sold
$500,000
09/16/13
Sold
$399,000
05/14/10
Sold
$300,000
06/01/07
Sold
$625,000
02/15/06
Sold
$25,000
08/12/03
Sold
$303,000
Condition Rating
Fair
Built in 1952, this property shows its age despite some recent exterior updates like fresh paint, new garage doors, and a new garage roof. The interior units feature laminate and tile flooring, but the kitchens and bathrooms appear to have been renovated 15-30 years ago or are original with cosmetic refreshes. Kitchens have dated cabinets and tile countertops, and bathrooms feature older fixtures and basic vanities. The presence of wall heaters and window AC units indicates a lack of modern central HVAC. While functional and tenant-ready, the property requires substantial interior updates to meet current quality and style standards.
Pros & Cons
Pros
Income-Generating Asset: This quadruplex property offers four distinct units (two 1-bedroom, 1-bath and two 2-bedroom, 1-bath), providing a robust income stream and diversification for investors.
Tenant-Friendly Unit Features: Each spacious unit is equipped with modern laminate flooring, tile in kitchens and bathrooms, and convenient in-unit laundry hookups, enhancing tenant appeal and retention.
Recent Exterior & Structural Upgrades: The property benefits from recent improvements including new garage doors, a new garage roof, and a freshly painted building, minimizing immediate exterior maintenance concerns for the owner.
Individual Garages: A significant advantage for tenants, each unit is allocated its own individual garage, offering secure parking and valuable additional storage space.
Prime Central Location: Strategically located close to key community hubs such as the Compton Courthouse, City Hall, library, post office, Metro station, schools, and shopping, ensuring high tenant demand and convenience.
Cons
Property Age & Potential Infrastructure Concerns: Built in 1952, the property's underlying infrastructure (e.g., plumbing, electrical systems) may be original or require substantial updates not detailed, potentially leading to unforeseen capital expenditures.
Lack of Specific System Upgrade Details: While cosmetic and garage updates are noted, the description lacks information regarding major system upgrades (e.g., HVAC, main electrical panel, water heaters for units), which could indicate deferred maintenance or future investment needs.
Historical Market Perception: Despite its proximity to local amenities, the property's location in Compton may still contend with historical market perceptions that could influence investor interest or tenant demographics for some buyers.