202 N Sloan Avenue, Compton, California 90221, Compton, 90221 - bed, bath

202 N Sloan Avenue, Compton, California 90221 home-pic-0
ACTIVE$799,999
202 N Sloan Avenue, Compton, California 90221
0Bed
0Bath
1,952Sqft
7,204Lot
Year Built
1941
Close
-
List price
$800K
Original List price
$850K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
DW25016371
Home ConditionFair
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $800.0K(50th), sqft - 1952(50th), beds - undefined(50th), baths - undefined(50th).

BUYERS/INVESTOR PROPERTY BACK ON THE MARKET! | PROPERTY APPRAISED AT $858,500 | Are you looking to purchase property to live in and rent? | Here it is! | Family is ready to sell after years of enjoying their Front Single Family Residence | One unit in the back is also occupied by family member | Once you purchase this Triplex, the Front House and 1 back unit will be available for you to start enjoying | House consist of 2 bedrooms it's being used as a 3 bedroom house | When you go to the back you can see a top level over garages Duplex that consist of 1 bedroom 1 bathroom each | Parking consist of Enclosed 2 car garage & 2 single car garage. CHECK WITH CITY OF COMPTON AND SEE IF ATTACHED 2 CAR GARAGE POTENTIALLY TO OBTAIN PERMITS FOR A JUNIOR ADU. Additional parking space between front house and back units | 1,952 SQUARE FT | Lot 7,204 | You will find this great opportunity to own and live in. | Conveniently located to shops, restaurants, transportation and freeway access to 710 fwy. Create lifetime memories entertaining family and friends in this lovely Gem you'll call home!

Price History

Date
Event
Price
08/15/25
Sold
$760,000
08/02/06
Sold
$535,000
05/06/05
Sold
$320,000
07/21/00
Sold
$172,000
Condition Rating
Fair

Built in 1941, this property shows its age, particularly in the kitchen and bathrooms. The kitchen features outdated cabinets, laminate countertops, older white appliances, and linoleum flooring, suggesting a renovation from 20-30+ years ago. Similarly, the bathrooms have dated vanities, fixtures, and tile work. While the property appears to be maintained and functional, these key areas require substantial updates to meet current aesthetic and functional standards. Other areas like flooring and light fixtures also show signs of age, indicating the home is aged but has received regular upkeep rather than recent extensive renovations.
Pros & Cons

Pros

Income-Generating Triplex: This property is a true triplex, offering immediate income potential with the front house and one back unit becoming available upon purchase, ideal for owner-occupancy with rental income or a pure investment.
Strong Appraisal Value: The property was recently appraised at $858,500, which is significantly higher than the current list price of $799,999, suggesting potential for immediate equity gain for the buyer.
ADU Conversion Potential: There is explicit mention of potential to obtain permits for a Junior ADU conversion from the attached 2-car garage, offering future value addition and increased rental income.
Ample Parking: The property boasts extensive parking options, including an enclosed 2-car garage, two single-car garages, and additional parking space, which is highly desirable for a multi-unit property.
Convenient Location: Strategically located with easy access to shops, restaurants, public transportation, and the 710 freeway, enhancing its appeal to both tenants and owner-occupants.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-15. The sold price is $760,000.00.
Age of Property & Potential for Deferred Maintenance: Built in 1941, the property is over 80 years old, which may indicate a need for significant updates to systems (plumbing, electrical) and potential deferred maintenance from long-term family ownership.
Non-Conforming Use in Front Unit: The front house is described as a 2-bedroom unit 'being used as a 3 bedroom house,' which could imply unpermitted alterations or non-conforming use that may require rectification.
Price Reduction & Market History: The property is 'BACK ON THE MARKET!' and has undergone a price reduction from $850,000 to $799,999, which could signal previous issues with offers or buyer concerns that warrant further investigation.

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