2623 2623 E 127th, Compton, California 90222, Compton, 90222 - 2 bed, 1 bath
ACTIVE$250,000
2623 2623 E 127th, Compton, California 90222
2Beds
1Bath
764Sqft
3,319Lot
Price Vs. Estimate
The estimated value ($250,000) is $0 (0%) lower than the list price ($250,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Opportunity: Explicitly positioned as an 'investor opportunity' and 'fixer upper' with a 'low price,' suggesting high potential for value addition through renovation.
Top Cons:
Extensive Renovation Required: Clearly stated as a 'fixer upper,' implying significant financial and time investment will be needed for repairs and modernization.
Compared to the nearby listings
Price:$250.0K vs avg $600.0K ($-350,000)2%
Size:764 sqft vs avg 1,092 sqft20%
Price/sqft:$327 vs avg $5237%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this property is explicitly marketed as a 'fixer upper' and 'investor opportunity,' indicating a need for extensive renovation. The images reveal a severely dated interior with wood paneling, worn flooring (old tile/linoleum/parquet), and visible exposed wiring. The kitchen appears to be non-functional with no visible modern appliances and unfinished walls. Cooling is provided by window AC units, suggesting no central HVAC. The overall condition points to significant deferred maintenance and a requirement for substantial repairs and modernization of all major systems and aesthetics to be habitable and comfortable.
Year Built
1924
Close
-
List price
$250K
Original List price
$305K
Price/Sqft
$327
HOA
-
Days on market
-
Sold On
-
MLS number
TR25226869
Home ConditionPoor
Features
View-
About this home
Probate Sale-Investor opportunity! Easy on your budget price! This is a fixer upper 2-bedroom, 1 bathroom, 764 square foot home make it into something special. Easy access to downtown Los Angeles, freeways and shopping. Take advantage of this low price. This is a probate property but don't let this opportunity pass by you, probate is easier than you think, let me help you! Call me today!
Condition Rating
Poor
Built in 1924, this property is explicitly marketed as a 'fixer upper' and 'investor opportunity,' indicating a need for extensive renovation. The images reveal a severely dated interior with wood paneling, worn flooring (old tile/linoleum/parquet), and visible exposed wiring. The kitchen appears to be non-functional with no visible modern appliances and unfinished walls. Cooling is provided by window AC units, suggesting no central HVAC. The overall condition points to significant deferred maintenance and a requirement for substantial repairs and modernization of all major systems and aesthetics to be habitable and comfortable.
Pros & Cons
Pros
Investment Opportunity: Explicitly positioned as an 'investor opportunity' and 'fixer upper' with a 'low price,' suggesting high potential for value addition through renovation.
Significant Price Reduction: The property has seen a substantial price drop from $305,000 to $250,000, making it an attractive entry point for buyers on a budget.
Strategic Accessibility: Benefits from 'easy access to downtown Los Angeles, freeways and shopping,' enhancing its appeal for commuters and daily conveniences.
Probate Sale Motivation: Probate sales often indicate a motivated seller, which can lead to a more straightforward negotiation and potentially a quicker closing process once legal requirements are met.
Detached Single-Family Home: As a standalone residence, it offers the benefits of privacy and land ownership, which are highly valued in the real estate market.
Cons
Extensive Renovation Required: Clearly stated as a 'fixer upper,' implying significant financial and time investment will be needed for repairs and modernization.
Small Living Space: With only 764 square feet, the property offers limited living space, which may not meet the needs of larger households or those desiring more room.
Advanced Age of Property: Built in 1924, the home is nearly 100 years old, likely requiring updates to major systems (plumbing, electrical, HVAC) and potentially having structural issues common with older constructions.