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$1,400,000
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Property Description
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.
Full Property Details
Full Property Details for 947 W Magnolia St
General
- Sold For: $1,400,000
- Status: Closed
- Type: Triplex
- Source: MRMLS
- MLS ID: OC24162247
- Added to Site: 563 day(s) ago
Interior
- Rooms/Areas: Family Room, Laundry
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: Los Angeles
- Driving Directions: N Kemp Ave W. Magnolia St.
School Information
- School District: Compton Unified
- Elementary School: CHAPMA
- Middle School: DAVIS
- High School: COMPTO
Community
- Community Features: Sidewalks, Urban
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Triplex
- Common Walls: 2 Common Walls (or More)
- Entry Location: Front Door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,616
- Sq. Ft. Source: Assessor
- Year Built: 2024
- Year Built Source: Builder
Lot Features
- Property View: None
- Lot Size (Acres): 0.1722
- Lot Size Source: Builder
- Irrigation System: Sprinkler System
- Zoning: CORM*
- Lot Description: Landscaped, Lot 6500-9999, Level, Sprinkler System, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $387.17
Disclosures and Reports
- Special Conditions: Standard
Listed by Kase Real Estate, Alex Pirro
Sold by BJ Realty, Brian Jung
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Schools
Schools serving 947 W Magnolia St
School District:Compton Unified School District
| Name | Grades | Distance |
|---|---|---|
Tibby Elementary School 1400 West Poplar Street, Compton, CA 90220 | K-8 | 0.4 mi |
Davis Middle School 621 West Poplar Street, Compton, CA 90220 | 6-8 | 0.5 mi |
Compton High School 1200 East Alondra Boulevard, Compton, CA 90221 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 947 W Magnolia St
Date
Details
Price
Change
Source
5/13/2025
Sold
$1,400,000
-3.38%
MLS
11/22/2024
Price Reduced
$1,449,000
-3.4%
MLS
9/03/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
947 W Magnolia Street, Compton, CA 90220 (MLS# OC24162247) is a Triplex property that was sold at $1,400,000 on May 13, 2025. Want to learn more about 947 W Magnolia Street? Do you have questions about finding other Triplex real estate for sale in Compton? You can browse all Compton real estate or contact a Coldwell Banker agent to request more information.

