$895,000
338 W Magnolia Street, Compton CA 90220
Multi-Family (Fourplex)
Property type
175 days
On market
$379
Price per sqft
4 cars
Garage
1939
Year built
7,203 sqft
Lot size
Open Houses
Overview
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. SELLER CAN PROBABLY DELIVER ONE OF THE APARTMENT UNITS VACANT AT CLOSE OF ESCROW. Compton is an excellent rental market for...
Listing provided by: Peter Gillin DRE #01433769 949-630-0592, Morgan Skenderian
Listing updated: May 29, 2026 at 12:44am.
Last checked: Jun 2, 2026 at 10:00am
Source: CRMLS #PW25274705
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 1 | 1 | 1 | $1,400 | $4,200 | $2,200 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,600 | $1,600 | $2,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: Yes
Total Actual Rent: $5,800
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.9x
List Price / Annual Gross Rent
Cap Rate
4.2%
NOI / List Price
Gross Scheduled Income: $69,600
Vacancy Allowance: $2,088
Operating Expense: $30,066
Net Operating Income: $37,446
Annual Operating Expenses
Electric: $1,000
Gardener: $1,200
Fuel: $1,000
Insurance: $2,960
Maintenance: $5,568
New Taxes: $15,338
Trash: $1,000
Water / Sewer: $1,000
Other Expense: $1,000
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 1
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 6157017020
Additional Parcels: No
Tax Lot: 24
Tax Block: 1
Community
Senior Community: No
Community Features: Curbs, Gutters, Sidewalks
Nearby Schools
Nearby schools around the 338 W Magnolia Street, Compton, CA 90220. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$716,000
Total Interest
$913,219
Total Payment
$1,629,219
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,608
per month
Property History for 338 W Magnolia Street
Compton Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90220.
Similar Homes
Listings with similar prices to 338 W Magnolia Street