RealKey
‪(213) 433-7766‬

1620 E. Mcmillan, Compton, California 90221, Compton, 90221 - 5 bed, 2 bath

1620 E. Mcmillan, Compton, California 90221 home-pic-0
ACTIVE$999,900
1620 E. Mcmillan, Compton, California 90221
5Beds
2Baths
1,096Sqft
5,890Lot

Price Vs. Estimate

The estimated value ($901,400.815) is $98,499.185 (9%) lower than the list price ($999,900). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: The property includes a newly built, fully permitted ADU (806 Sq Ft, 2 Beds, 1 Bath) that has never been occupied, offering immediate rental income potential or multi-generational living options.
Top Cons:
Main House Lacks AC: The primary residence (main house) is equipped with heating only and lacks an air conditioning system, which could be a significant discomfort during warmer months in California.

Compared to the nearby listings

Price:$999.9K vs avg $629.0K (+$370,900)97%
Size:1,096 sqft vs avg 1,220 sqft36%
Price/sqft:$912 vs avg $52799%

More Insights

Built in 1959 (66 years old).
Condition: This property consists of two homes. The ADU is newly built, never occupied, and features modern amenities including solar panels, heating, and AC, placing it in excellent condition. The main house, built in 1959, has undergone significant updates, including a renovated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, and an updated bathroom with a modern vanity and tiled shower. The exterior, windows, and flooring also appear updated. While the main house lacks AC, its overall renovated state, combined with the brand-new ADU, makes the property move-in ready with no immediate major renovations required.
Year Built
1959
Close
-
List price
$1,000K
Original List price
$1.19M
Price/Sqft
$912
HOA
-
Days on market
-
Sold On
-
MLS number
RS24193418
Home ConditionGood
Features
View-

About this home

PRICE REDUCTION! HUGE PRICE REDUCTION! VOW! VOW! VOW, A REDUCTION IN PRICE FROM $ 1,200,000 TO $ 999,900! A PRICE REDUCTION OF OVER $ 200,000! SELLERS ARE REALLY MOTIVATED! HURRY, ACT NOW! WILL NOT LAST AT THIS PRICE! DO NOT MISS OUT THIS OPPORTUNITY! Two homes on the same lot. The main house located at 1620 E. McMillan Street is 1096 Square Feet, 3 Bedrooms, 1 Bathroom, two car Garage, long Drive way which can be used for parking for 4-5 cars. All the rooms are equipped with ceiling fans and Kitchen has gas. Heating only no ac. The second property is an ADU located at 1622 McMillan Street. It has two Bedrooms and 1 Bathroom, 806 Square Feet of living area. This property is equipped with 8 Solar Panels. The Solar Panels and all the installation is fully paid, not a lease. No payments. This ADU is newly built, never been occupied, and fully permitted. The ADU has heating and ac.

Price History

Date
Event
Price
06/04/15
Sold
$335,000
12/22/05
Sold
$370,000
Condition Rating
Good
This property consists of two homes. The ADU is newly built, never occupied, and features modern amenities including solar panels, heating, and AC, placing it in excellent condition. The main house, built in 1959, has undergone significant updates, including a renovated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, and an updated bathroom with a modern vanity and tiled shower. The exterior, windows, and flooring also appear updated. While the main house lacks AC, its overall renovated state, combined with the brand-new ADU, makes the property move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Income-Generating ADU: The property includes a newly built, fully permitted ADU (806 Sq Ft, 2 Beds, 1 Bath) that has never been occupied, offering immediate rental income potential or multi-generational living options.
Significant Price Reduction: A substantial price reduction of over $200,000 from the original list price ($1,200,000 to $999,900) indicates highly motivated sellers and a potential value opportunity for buyers.
Paid-Off Solar Panels: The ADU is equipped with 8 fully paid solar panels, providing significant energy cost savings without any lease payments or additional financial burden.
Ample Parking: The property features a two-car garage and a long driveway capable of accommodating 4-5 additional vehicles, addressing a common need for multiple residents or guests.
Total Living Space: With a combined living area of 1902 sqft (1096 sqft main house + 806 sqft ADU), the property offers generous space suitable for larger families or those seeking additional functional areas.

Cons

Main House Lacks AC: The primary residence (main house) is equipped with heating only and lacks an air conditioning system, which could be a significant discomfort during warmer months in California.
Limited Main House Bathroom: The 3-bedroom main house features only one bathroom, which may present functional challenges or inconvenience for a family or multiple occupants.
Age of Main Structure: Built in 1959, the main house is an older structure, potentially implying dated systems, finishes, or a need for future maintenance and upgrades compared to the newly built ADU.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state