940 W Magnolia
Compton, CA, 90220
$525,000
MLS: RS26174904
Beds
2
Baths
1
Sq Ft
816
Lot
0.09 ac
Year Built
1925
MLS #
RS26174904
Days on Market
8
Listed
Aug 10, 2026
Description
WELCOME HOME! Discover a wonderful opportunity to own this charming 2-bedroom, 1-bath residence, ideally located in a desirable and convenient area. This home offers a comfortable living environment with excellent potential for its new owner. One of the property’s highlights is the spacious backyard, offering endless possibilities for outdoor entertaining, family gatherings, weekend BBQs, gardening, or creating your own private outdoor retreat. An excellent opportunity for first-time homebuyers ready to make the move into homeownership. With a great location, generous outdoor space, and plenty of potential, this is a property you won’t want to miss. Schedule your private showing today and come see everything this home has to offer!
Location
Compton, Los Angeles County, CA 90220
Open on Google Maps ↗Listed by: Martin Gonzalez · Realty Executives All Cities
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,083
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,040
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Compton home with as little as 3.5% down using an FHA loan — roughly $18,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Compton, CA 90220 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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