1416 W 163rd Street, Compton, California 90220, Compton, 90220 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$699,900
1416 W 163rd Street, Compton, California 90220
4Beds
2Baths
1,297Sqft
6,422Lot
Price Vs. Estimate
The estimated value ($461,172.63) is $238,727.37 (34%) lower than the list price ($699,900). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Nestled in a highly sought-after neighborhood of Compton, offering a blend of suburban tranquility and urban convenience with easy access to schools, parks, shopping, and major freeways.
Top Cons:
Significant Overpricing: The list price of $699,900 is considerably higher than the estimated property value of $461,172.63, suggesting a potential overvaluation compared to market analytics.
Compared to the nearby listings
Price:$699.9K vs avg $650.5K (+$49,400)63%
Size:1,297 sqft vs avg 1,169 sqft60%
Price/sqft:$540 vs avg $56445%
More Insights
Built in 1954 (71 years old).
Condition: The property, built in 1954, is 70 years old and shows clear signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features older, light-colored cabinets, laminate countertops, and white appliances, indicating a lack of recent renovation (likely 15-30+ years since any significant update). The bathrooms also present older vanities, basic fixtures, and dated tile work, requiring a full renovation to meet current standards. While the home appears clean and maintained with neutral paint and laminate/carpet flooring, there's no mention or visual evidence of a modern HVAC system, which is a significant drawback. The overall condition suggests it is functional but requires substantial updates to major components to align with contemporary quality and style expectations.
Year Built
1954
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
IV25007445
Home ConditionFair
Features
Patio
View-
About this home
Welcome to 1416 W 163rd Street, a charming home nestled in a highly sought-after neighborhood of Compton. This vibrant community offers a perfect blend of suburban tranquility and urban convenience, with easy access to schools, parks, shopping, and major freeways. This 4-bedroom, 2-bathroom home boasts a thoughtfully designed layout, including a dedicated laundry room for added convenience. The spacious backyard is perfect for entertaining, gardening, or simply enjoying outdoor living. The front driveway provides ample parking, adding to the home’s practicality. Don’t miss the opportunity to own a gem in this desirable area—schedule a viewing today!
Price History
Date
Event
Price
04/01/20
Sold
$480,000
05/24/10
Sold
$235,000
06/24/09
Sold
$115,000
09/15/06
Sold
$415,000
Condition Rating
Fair
The property, built in 1954, is 70 years old and shows clear signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features older, light-colored cabinets, laminate countertops, and white appliances, indicating a lack of recent renovation (likely 15-30+ years since any significant update). The bathrooms also present older vanities, basic fixtures, and dated tile work, requiring a full renovation to meet current standards. While the home appears clean and maintained with neutral paint and laminate/carpet flooring, there's no mention or visual evidence of a modern HVAC system, which is a significant drawback. The overall condition suggests it is functional but requires substantial updates to major components to align with contemporary quality and style expectations.
Pros & Cons
Pros
Desirable Location: Nestled in a highly sought-after neighborhood of Compton, offering a blend of suburban tranquility and urban convenience with easy access to schools, parks, shopping, and major freeways.
Spacious Backyard: The property features a generous 6,422 sqft lot with a spacious backyard, perfect for entertaining, gardening, or outdoor living.
Ample Parking: A front driveway provides practical and ample off-street parking, enhancing convenience for residents and guests.
Functional Layout: Boasts a thoughtfully designed 4-bedroom, 2-bathroom layout, including a dedicated laundry room for added convenience.
Good Bedroom/Bathroom Count: The 4-bedroom, 2-bathroom configuration offers ample space for families, aligning with common buyer needs in the area.
Cons
Significant Overpricing: The list price of $699,900 is considerably higher than the estimated property value of $461,172.63, suggesting a potential overvaluation compared to market analytics.
Lack of Modern Updates: Built in 1954, the property description does not highlight recent renovations or modern upgrades, implying a potential need for significant buyer investment to meet contemporary standards and compete with recently updated comparables.
Absence of HVAC System: The property description does not mention a cooling or heating system (HVAC), which could be a notable drawback for comfort and energy efficiency, especially in the California climate.