
Compton, California 90220
This Value-Add Redevelopment Asset is listed at $515,000, reflecting a strategic premium over the $390,257 Fair Market Value due to its significant development potential. Currently in Unlivable Fire-Damaged Condition, the structure requires a complete "to-the-studs" renovation or demolition. However, the COR3 Zoning, 5,288 sqft Lot, and patio offer a rare opportunity to build multifamily units near the newly renovated high school in the Compton Unified School District. This high-utility site is an ideal acquisition for Fix-and-Flip Investors or Contractors targeting aggressive forced appreciation through redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 105 W Cypress Subject | $515,000* List Price | 3 | 1 | 979 | $399 | - |
A 215 E Elm Sold | $390,000 | 2 | 1 | 812 | $480 | 0.7 mi |
B 309 N Willowbrook Avenue Sold | $535,000 | 2 | 1 | 880 | $608 | 0.5 mi |
C 363 W Spruce Active Under Contract | $475,000 List Price | 2 | 1 | 1,037 | $458 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1945, this property has sustained extensive fire damage and is currently unlivable. Interior images reveal charred structural members, holes in the roof/ceiling, and severe smoke damage throughout. Given its age and the level of destruction, the structure likely requires demolition or a complete 'to-the-studs' reconstruction, with the primary value residing in the COR3 zoned land.
The property is zoned COR3 and situated among multifamily homes, offering significant potential for redevelopment or the addition of multiple structures.
Located less than a quarter-mile from the newly renovated Compton High School, the property sits in a prime area for future resale or rental demand.
The generous 5,288 sqft lot provides ample space to renovate the existing 979 sqft footprint and add significant square footage or an ADU.
The property has sustained significant fire damage, requiring a complete professional renovation and likely substantial structural repairs.
Due to the fire damage and 'as-is' condition, investors will need a large capital reserve and a specialized contractor to bring the home to habitable standards.
Investor alert! 3 bed, 1 bath SFR on a large lot surrounded by multifamily homes. Property sustained a fire. Bring your contractor and your imagination. Perfect property to renovate and add on. Property is zoned COR3 so check with the city to see the possibility of building other structures on the property. Property is less than .25 miles from the newly renovated Compton High School! See supplements for pre-sale inspection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 979 | 1,157 | 20% |
| Lot Size | 5,288 | 5,736 | 37% |
| Price | $515.0K | $650.0K | 12% |
| Price per sq ft | $526 | $543 | 47% |
| Built year | 1945 | 1949 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 188 | 3% |
Mar 23, 2026
$515,000
Initial Listing
Sep 11, 1970
$1,500
Public Record