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223 S Acacia Avenue #211, Compton, California 90220, Compton, 90220 - 2 bed, 3 bath

223 S Acacia Avenue home-pic-0
ACTIVE$350,000
223 S Acacia Avenue #211, Compton, California 90220
2Beds
3Baths
1,109Sqft
18,607Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $350,000.

Key pros and cons

Top Pros:
Extensive Interior Upgrades: The unit is 'move-in ready' with an upgraded kitchen featuring stainless steel appliances, laminate flooring, recessed lighting, ceiling fans, fresh interior paint, and central air/heat, offering modern comfort and appeal.
Top Cons:
Multiple Price Reductions: The property has undergone several significant price reductions, from $450,000 to $350,000, which can signal to buyers that the property has struggled to sell or was initially overpriced.

Compared to the nearby listings

Price:$350.0K vs avg $580.0K ($-229,960)9%
Size:1,109 sqft vs avg 1,364 sqft9%
Price/sqft:$316 vs avg $41318%

More Insights

Built in 1981 (44 years old).
Condition: The property, built in 1981, has undergone significant updates as described and shown in the images. The kitchen features upgraded stainless steel appliances, painted cabinets, and modern light fixtures, making it functional and aesthetically pleasing. Laminate flooring, recessed lighting, and ceiling fans throughout contribute to a move-in ready condition. While the building's age is over 20 years, the unit's renovations appear to be recent enough (likely within the last 5-15 years) to classify it as 'good,' aligning with the criteria of being move-in ready with well-maintained systems and updated components, even if not a full, brand-new renovation.
Year Built
1981
Close
-
List price
$350K
Original List price
$450K
Price/Sqft
$316
HOA
$310
Days on market
-
Sold On
-
MLS number
25584533
Home ConditionGood
Features
Good View: Pool
Deck
Pool
ViewPool

About this home

PRICE REDUCTION just for you! This move-in ready, spacious 2-bedrooms, 3-bath condominium boasts numerous amenities and a prime location walking distance to churches, schools, the library, restaurants, Compton City Hall, and other governmental agencies and landmarks. The unit features a guest bathroom downstairs, upgraded kitchen with stainless steel appliances, living room with laminate flooring that leads to a private balcony, ideal for entertaining and family gatherings, recessed lights, and ceiling fans throughout. Fresh interior paint adorns the upstairs area, which includes two spacious bedrooms, washer and dryer hookups, a private bathroom in the primary bedroom with ample closet space, and Central Air and Heat. This unit offers a pleasant view of the pool, perfect for relaxation and entertainment. Additionally, it features a private, gated garage with two side-by-side assigned parking spaces. Another plus is, it is seconds from Compton High School where Dr. Dre donated over $10M to fund "Dr. Dre Performing Arts Center which is absolutely gorgeous. Do not miss out on this opportunity to own prime real estate. LET'S open escrow today!

Price History

Date
Event
Price
01/05/21
Sold
$320,000
05/30/19
Sold
$270,000
01/13/10
Sold
$80,000
12/04/09
Sold
$42,500
10/07/05
Sold
$240,000
Condition Rating
Good
The property, built in 1981, has undergone significant updates as described and shown in the images. The kitchen features upgraded stainless steel appliances, painted cabinets, and modern light fixtures, making it functional and aesthetically pleasing. Laminate flooring, recessed lighting, and ceiling fans throughout contribute to a move-in ready condition. While the building's age is over 20 years, the unit's renovations appear to be recent enough (likely within the last 5-15 years) to classify it as 'good,' aligning with the criteria of being move-in ready with well-maintained systems and updated components, even if not a full, brand-new renovation.
Pros & Cons

Pros

Extensive Interior Upgrades: The unit is 'move-in ready' with an upgraded kitchen featuring stainless steel appliances, laminate flooring, recessed lighting, ceiling fans, fresh interior paint, and central air/heat, offering modern comfort and appeal.
Prime Walkable Location: Situated within walking distance to essential amenities including churches, schools, the library, restaurants, Compton City Hall, and other governmental agencies, providing exceptional convenience.
Secure & Dedicated Parking: Features a private, gated garage with two side-by-side assigned parking spaces, a highly desirable and secure amenity for condominium living.
Spacious Layout & Private Outdoor Space: Offers a spacious 2-bedroom, 3-bathroom layout, including a private primary bathroom and ample closet space, complemented by a private balcony ideal for entertaining.
Significant Price Reduction & Value: The current list price of $350,000 represents a substantial reduction from the original $450,000, potentially offering excellent value below market estimation.

Cons

Multiple Price Reductions: The property has undergone several significant price reductions, from $450,000 to $350,000, which can signal to buyers that the property has struggled to sell or was initially overpriced.
Condominium Association Fees: The monthly association fee of $310.00 is an additional recurring cost that buyers must factor into their budget, which can impact affordability.
Age of Building: Built in 1981, the building is over 40 years old. While the unit is updated, the age of the overall structure and common areas might lead to higher maintenance costs or potential special assessments in the future.

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