329 W Magnolia St Compton, CA 90220
Estimated payment $11,090/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 8,989 Sq Ft Lot
Interior Spaces
- 7,132 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Uncovered Parking
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 6157-017-036
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,568 | $1,758,950 | $568,276 | $1,190,674 |
| 2024 | $30,568 | $1,724,462 | $557,134 | $1,167,328 |
| 2023 | $30,217 | $1,690,650 | $546,210 | $1,144,440 |
| 2022 | $28,471 | $1,657,500 | $535,500 | $1,122,000 |
| 2021 | $26,978 | $1,515,540 | $303,108 | $1,212,432 |
| 2020 | $26,509 | $1,500,000 | $300,000 | $1,200,000 |
| 2019 | $16,880 | $892,663 | $208,080 | $684,583 |
| 2018 | $16,434 | $875,160 | $204,000 | $671,160 |
| 2016 | $16,703 | $912,709 | $253,812 | $658,897 |
| 2015 | $8,786 | $434,798 | $172,639 | $262,159 |
| 2014 | -- | $426,282 | $169,258 | $257,024 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2025 12/19/25 | For Sale | $1,650,000 | -- | $231 / Sq Ft |
Source: The MLS
MLS Number: 25629895
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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