
Compton, California 90220
This Residential Income Triplex is listed at $880,000, which currently sits above the $782,821 Fair Market Value. While priced at a market premium, the asset delivers consistent value through three spacious 2-bedroom units and a Condition Rating of 4, reflecting a well-maintained 1950s build with functional infrastructure. Key features include private garages for each unit and a substantial 8,628 sqft lot, providing rare parking utility in a high-density area. Located near major freeway corridors, this property is a stable acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 214 E Johnson Street Subject | $880,000* List Price | 0 | 0 | 2,523 | $310 | - |
A 125 W Tichenor Street Sold | $800,000 | 0 | 0 | 2,490 | $321 | 0.3 mi |
B 510 S Tamarind Sold | $890,000 | 0 | 0 | 2,401 | $371 | 0.6 mi |
C 426 W Laurel Street Pending | $670,000 List Price | 0 | 0 | 2,158 | $310 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this triplex is well-maintained but shows its age with original architectural features and aging infrastructure. While functional and income-producing, it lacks modern renovations, central cooling, and updated systems, fitting the criteria for a property maintained through regular upkeep but showing signs of being outdated.
As a triplex featuring three spacious 2-bedroom units, the property offers a stable and attractive rental configuration that maximizes cash flow potential for investors.
Each unit includes its own private garage, a highly desirable feature in high-density areas that adds significant value and convenience for tenants.
The property’s proximity to the 91, 710, and 105 freeways provides excellent accessibility for commuters, ensuring consistent demand from a broad tenant base.
Built in 1950, the property may require ongoing maintenance or capital improvements to aging systems such as plumbing and electrical to meet modern standards.
While the property features heating, the lack of a central cooling system may be a drawback for tenants during warmer months, potentially impacting premium rental rates.
Great income property in the City Compton! Property has a total of 6 spacious bedrooms (2 per unit), 3 bath, parking garage, heating, and overall a comfortable living for all tenants for years to come. This property has been well maintained, plenty of parking, and each unit has their own garage. The property is close schools, shopping, and entertainment. Home is in a prime location as 91, 710, and 105 freeways are easily accessed from property. Do not miss your opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,523 | 2,195.5 | 75% |
| Lot Size | 8,628 | 6,251 | 75% |
| Price | $880.0K | $767.5K | 75% |
| Price per sq ft | $349 | $360 | 50% |
| Built year | 1950 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 593 | 233 | 0% |
Sep 6, 2024
$880,000
Initial Listing
Jun 26, 2020
$699,000
Public Record
Sep 23, 2008
$379,000
Public Record