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2205 N Pannes Avenue, Compton, California 90221, Compton, 90221 - 4 bed, 3 bath

2205 N Pannes Avenue, Compton, California 90221 home-pic-0
ACTIVE$700,000
2205 N Pannes Avenue, Compton, California 90221
4Beds
3Baths
2,462Sqft
6,427Lot
Year Built
1947
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$284
HOA
-
Days on market
-
Sold On
-
MLS number
25557449
Home ConditionPoor
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 4 Cons,5 Pros. Rank: price - $700.0K(78th), sqft - 2462(94th), beds - 4(83th), baths - 3(88th).

Gorgeous fixer for sale on a quiet street in Compton! This large, two-story home just oozes with good energy and potential. This home has been added onto throughout the years very tastefully, and with some elbow grease, can be made into the talk of the town. Each bedroom is spacious and your backyard is the perfect size to relax in and still have space for your pets to enjoy. The driveway is long and can comfortably fit a good number of cars, and there is no struggle to find parking on the street, should you have guests over. The two-car garage has been converted into a mixed-use living/working space decked-out with flooring, its own bathroom, and several outlets for electricity. You don't want to miss your opportunity to own this Compton gem! Contact the Listing Agent for more information on this home soon because this home will NOT last!

Price History

Date
Event
Price
09/09/25
Sold
$664,000
06/30/25
Sold
$510,000
Condition Rating
Poor
The property, built in 1947, is explicitly marketed as a 'fixer' requiring 'significant renovation' and 'elbow grease.' The images confirm this, showing a very dated kitchen with old wood cabinets, tile countertops, and fluorescent lighting. The main bathroom features severely outdated pink and black tile, a pedestal sink, and an older tub. Flooring is a mix of worn laminate/vinyl and heavily scratched parquet. Many interior spaces appear unfinished or in disrepair, with exposed drywall and older light fixtures. This condition indicates substantial repairs and rehabilitation are needed, aligning with the 'poor' rating criteria.
Pros & Cons

Pros

Renovation Potential: Described as a 'gorgeous fixer' with 'good energy and potential,' offering significant upside for a buyer willing to invest in customization and upgrades to create a dream home.
Versatile Converted Garage: The two-car garage has been converted into a mixed-use living/working space with its own bathroom and electricity, providing excellent flexibility for an ADU, home office, or additional living area.
Spacious Layout: A large, two-story home with spacious bedrooms, offering ample living space and comfort for residents.
Ample Parking: Features a long driveway capable of fitting multiple cars, complemented by easy street parking for guests, a practical advantage in urban settings.
Desirable Outdoor Space: The backyard is noted as the 'perfect size to relax in and still have space for your pets to enjoy,' indicating a functional and appealing outdoor environment.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-09. The sold price is $664,000.00. The property was recently sold within the past year on 2025-06-30. The sold price is $510,000.00.
Significant Renovation Required: Explicitly marketed as a 'fixer' requiring 'some elbow grease,' indicating substantial financial and time investment will be necessary for repairs and modernization.
Valuation Discrepancy: The listing price of $700,000 is significantly higher than the estimated property value of $378,647.59, which could pose challenges for financing and buyer perception of value.
Aging Infrastructure: Built in 1947, the property's age, combined with its 'fixer' status, suggests that major systems (e.g., plumbing, electrical, HVAC, roof) are likely outdated and will require costly upgrades or replacement.

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