351 W Magnolia St Compton, CA 90220
Estimated payment $3,367/month
Highlights
- All Bedrooms Downstairs
- No HOA
- More Than Two Accessible Exits
- Dual Staircase
- Laundry Room
- Tile Flooring
About This Home
Investor’s Dream Opportunity/First-time Home Buyer- property is VACANT! 2 Bed/ 2 Bath each unit. This fixer-upper duplex offers incredible potential for those looking to renovate and maximize returns. Featuring two separate units, each with two bedrooms and two bathrooms, this property offers potential for income generation or multi-generational living.
Situated on a spacious 5,994 sq. ft. lot, the home includes ample outdoor space, plenty of parking, and a detached 3-car garage with ADU potential—offering endless possibilities for expansion or added income.
This property can become a standout investment. Live in one unit and rent the other, or lease both for double the cash flow! Conveniently located near schools, shopping centers, and major freeways, this is the perfect project for the savvy investor ready to unlock its full value.
Listing Agent
REALTY MASTERS & ASSOCIATES Brokerage Phone: 909-957-2180 License #01826710 Listed on: 07/28/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Lot Details
- 5,994 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Block Wall Fence
- Density is up to 1 Unit/Acre
Parking
- 5 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Major Repairs Completed
- Tar and Gravel Roof
- Stucco
Interior Spaces
- 1,990 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Living Room with Fireplace
- Laundry Room
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Additional Features
- More Than Two Accessible Exits
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 13 / 2
- Tax Tract Number 5922
- Assessor Parcel Number 6157017040
- $1,399 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $100
- Trash Expense $60
- Water Sewer Expense $170
- Operating Expense $330
- Gross Income $36,000
- Net Operating Income $32,040
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 | $5,162 | $233,872 | $148,014 | $85,858 |
| 2024 | $5,162 | $229,287 | $145,112 | $84,175 |
| 2023 | $5,080 | $224,792 | $142,267 | $82,525 |
| 2022 | $4,182 | $220,385 | $139,478 | $80,907 |
| 2021 | $4,211 | $216,065 | $136,744 | $79,321 |
| 2019 | $4,096 | $210,078 | $132,689 | $77,389 |
| 2018 | $3,924 | $205,968 | $130,088 | $75,880 |
| 2016 | $3,726 | $197,569 | $125,038 | $72,531 |
| 2015 | $3,568 | $194,602 | $123,160 | $71,442 |
| 2014 | $3,512 | $190,791 | $120,748 | $70,043 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | Price Changed | $565,000 | 0.0% | $284 / Sq Ft |
| 01/29/2026 01/29/26 | For Sale | $565,000 | +13.0% | $284 / Sq Ft |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 10/24/2025 10/24/25 | For Sale | $500,000 | -23.1% | $251 / Sq Ft |
| 09/26/2025 09/26/25 | Off Market | $650,000 | -- | -- |
| 07/28/2025 07/28/25 | For Sale | $650,000 | -- | $327 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title Co | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | United Title | |
| Grant Deed | -- | -- | |
| Grant Deed | $66,000 | Continental Lawyers Title | |
| Trustee Deed | $134,304 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,000 | New Conventional | |
| Previous Owner | $121,500 | No Value Available | |
| Previous Owner | $66,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25169723
APN: 6157-017-040
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