
Los Angeles, California 90059
This Value-Add Residential Asset is listed at $503,200, positioned well below the $506,214 Fair Market Value by 1%. This valuation provides $3,014 in Instant Equity for an immediate start. Carrying a Condition Rating of 5, the 1946 home requires a CASH ONLY transaction but offers massive upside via its 5,649 sqft lot and ADU potential. With the seller covering all municipal liens, this project is a streamlined acquisition for Fix-and-Flip Investors or Contractors looking to build density in the Compton Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12208 Compton Subject | $503,200* List Price | 2 | 1 | 864 | $586 | - |
A 2114 N Bahama Avenue Sold | $455,000 | 2 | 1 | 832 | $547 | 0.9 mi |
B 916 E 116th Street Sold | $490,000 | 2 | 1 | 836 | $586 | 0.9 mi |
C 1107 E 112th Street Sold | $382,750 | 3 | 2 | 920 | $416 | 1.0 mi |
D 11218 Belhaven Sold | $555,000 | 2 | 1 | 1,076 | $516 | 0.9 mi |
E 1223 E 124th Active | $585,000 List Price | 2 | 1 | 820 | $713 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 and marketed as a 'cash only' investment opportunity, this property likely suffers from significant deferred maintenance or structural issues that prevent traditional financing. The lack of interior photos and the requirement for a cash transaction strongly suggest the home requires substantial rehabilitation and modernization of all major systems.
Priced competitively for the Los Angeles market, this property serves as a strong entry point for investors looking to renovate and capitalize on the area's growth.
The generous 5,649 square foot lot provides ample space for potential additions or the construction of an Accessory Dwelling Unit (ADU) to maximize rental income.
The seller's commitment to paying off taxes, HOA, and municipal/utility liens simplifies the closing process and reduces the financial risk for the incoming buyer.
The requirement for a cash-only transaction significantly limits the buyer pool by excluding those who rely on traditional mortgage financing.
Built in 1946 and marketed as an investment opportunity, the property likely requires substantial capital expenditure for modernization and structural repairs.
Affordable investment opportunity in Compton, CA. Great Opportunity to own this single-family home built in 1946 featuring 2 bedrooms and 1 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 864 | 1,076 | 29% |
| Lot Size | 5,649 | 5,201 | 67% |
| Price | $503.2K | $621.5K | 16% |
| Price per sq ft | $582 | $547 | 55% |
| Built year | 1946 | 1945 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 166 | 2% |
Apr 16, 2026
$503,200
Initial Listing
Apr 17, 2024
$685,000
Public Record
Jun 13, 2023
$250,000
Public Record