205 S Poinsettia Avenue, Compton, California 90221, Compton, 90221 - 4 bed, 4 bath
ACTIVE$850,000
205 S Poinsettia Avenue, Compton, California 90221
4Beds
4Baths
2,880Sqft
6,614Lot
Year Built
1950
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$295
HOA
-
Days on market
-
Sold On
-
MLS number
DW24250597
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 40% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(96th), sqft - 2880(97th), beds - 4(83th), baths - 4(96th).
Fall in love with this beautiful single-family one-story home with a two-story ADU. This lovely home features two bedrooms, one converted to a den, and a two-bedroom, two-story ADU great for extended family or to generate income while living in this picturesque neighborhood in Compton.
Condition Rating
Fair
The property, built in 1950, likely features an outdated main house, as indicated by the lack of interior photos and the listing's 'Potential for Outdated Main House' weakness. While the exterior appears well-maintained, the absence of details on recent renovations for the primary dwelling suggests that the kitchen, bathrooms, and other interior elements are not modern and may require updates. However, the presence of a two-story ADU, typically a newer addition, elevates the overall property condition from what a standalone 1950 home would be, preventing a 'poor' rating. The property is functional but shows signs of age and outdated features in its main structure.
Pros & Cons
Pros
Income-Generating ADU: The property includes a two-story Accessory Dwelling Unit (ADU), offering significant potential for rental income or accommodating extended family members.
Spacious Living Area: With a combined 4 bedrooms, 4 bathrooms, and 2880 square feet, the property provides ample living space for a large family or multi-generational living.
Versatile Layout: The main house features two bedrooms (one converted to a den) and a separate two-story ADU, providing flexible living arrangements to suit various needs.
Desirable Neighborhood: Located in a 'picturesque neighborhood in Compton,' suggesting a pleasant and potentially sought-after living environment.
Generous Lot Size: The 6614 sqft lot offers good outdoor space, which is a valuable asset for a single-family home with an ADU.
Cons
Significant Overpricing: The listing price of $850,000 is substantially higher (40% above) the estimated property value of $502,549.91 and recent comparable sales, which may deter potential buyers.
Potential for Outdated Main House: Built in 1950, and with no specific mention of recent renovations for the main dwelling, it may require significant updates to meet modern buyer expectations and justify the premium price, especially compared to fully remodeled comparables.
Lack of Desirable Views: The property description explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic advantages.