338 W Magnolia St Compton, CA 90220
Estimated payment $5,959/month
About This Home
Pleased to present a fourplex in the strong rental market of Compton. The new owners will benefit from the desirable single story layout, private garden area and close proximity to retail amenities such as Target, ALDI and Home Depot. Compton is an excellent rental market for apartment owners with NO MUNICIPAL RENT CONTROL. Rental demand exceeds supply, resulting in extremely low vacancy rates. The property is centrally located, giving residents convenient access to major employment centers.
Listing Agent
Peter Gillin
Morgan Skenderian Brokerage Email: pdg@morganskenderian.com License #01433769 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 7,203 Sq Ft Lot
- No Common Walls
Parking
- 1 Open Parking Space
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,360 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 24 / 1
- Tax Tract Number 5922
- Assessor Parcel Number 6157017020
- $1,115 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,000
- Fuel Expense $1,000
- Gardener Expense $1,200
- Insurance Expense $2,960
- Maintenance Expense $5,568
- Other Expense $1,000
- Trash Expense $1,000
- Water Sewer Expense $1,000
- New Taxes Expense $15,338
- Operating Expense $30,066
- Gross Income $67,512
- Net Operating Income $37,446
Additional Features
- 4 Units
- Laundry Facilities
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 | $15,013 | $875,496 | $557,134 | $318,362 |
| 2024 | $15,013 | $858,330 | $546,210 | $312,120 |
| 2023 | $14,838 | $841,500 | $535,500 | $306,000 |
| 2022 | $5,423 | $278,138 | $171,619 | $106,519 |
| 2021 | $5,458 | $272,685 | $168,254 | $104,431 |
| 2019 | $5,308 | $264,599 | $163,264 | $101,335 |
| 2018 | $5,104 | $259,412 | $160,063 | $99,349 |
| 2016 | $4,847 | $249,341 | $153,849 | $95,492 |
| 2015 | $4,643 | $245,597 | $151,539 | $94,058 |
| 2014 | $4,578 | $240,787 | $148,571 | $92,216 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $895,000 | +8.5% | $379 / Sq Ft | |
| 03/23/2022 03/23/22 | Sold | $825,000 | 0.0% | $350 / Sq Ft | View Prior Sale |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- | |
| 01/11/2022 01/11/22 | For Sale | $825,000 | -- | $350 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $825,000 | Provident Title | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $235,000 | Lawyers Title | |
| Grant Deed | $600,000 | Chicago Title | |
| Grant Deed | $261,500 | American Title Co | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $245,000 | American Title Co | |
| Grant Deed | $140,000 | Equity Title | |
| Trustee Deed | $195,000 | American Title | |
| Grant Deed | $225,000 | Southland Title | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Trustee Deed | $88,404 | -- | |
| Trustee Deed | $83,462 | Orange Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $810,057 | FHA | |
| Previous Owner | $540,000 | Negative Amortization | |
| Previous Owner | $235,350 | No Value Available | |
| Previous Owner | $231,369 | FHA | |
| Previous Owner | $150,400 | No Value Available | |
| Previous Owner | $202,500 | No Value Available | |
| Previous Owner | $131,600 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25274705
APN: 6157-017-020
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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