2623 E 127th Street, Compton, California 90222, Compton, 90222 - 2 bed, 1 bath
ACTIVE$305,000
2623 E 127th Street, Compton, California 90222
2Beds
1Bath
764Sqft
3,319Lot
Price Vs. Estimate
The estimated value ($305,000) is $0 (0%) lower than the list price ($305,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Price Reduction & Value: The probate court has lowered the appraisal price, presenting a 'GREAT VALUE' and an 'easy on your budget price' for potential buyers, confirmed by the price history showing a reduction.
Top Cons:
Extensive Renovation Required: The property is explicitly stated as a 'fixer,' indicating it is in poor condition and will require substantial financial and time investment for necessary repairs and upgrades.
Compared to the nearby listings
Price:$305.0K vs avg $600.0K ($-295,000)2%
Size:764 sqft vs avg 1,092 sqft20%
Price/sqft:$399 vs avg $52315%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this 100-year-old property is explicitly described as a 'fixer.' The images confirm significant deferred maintenance and extreme disrepair. The kitchen is severely outdated with old appliances, worn flooring, peeling paint, and damaged walls, requiring a complete overhaul. The bathroom is in very poor condition, appearing dirty with poorly executed partial updates and damaged walls. The overall property shows signs of neglect, clutter, and visible damage throughout, indicating substantial repairs and rehabilitation are needed to make it safe and comfortable for living. It aligns with the 'Poor' criteria of requiring substantial repairs and rehabilitation, with major components needing significant work.
Year Built
1924
Close
-
List price
$305K
Original List price
$360
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
TR25141459
Home ConditionPoor
Features
View-
About this home
GREAT VALUE PROBATE COURT LOWERED THE APPRAISAL PRICE! Probate Sale-Investor opportunity! WOW look at that easy on your budget price! This is a fixer 2-bedroom, 1 bathroom, 764 square foot home you could make it into something special. Easy access to downtown Los Angeles, freeways and shopping, take advantage of this price! Because this is a probate property don't let this opportunity pass you by probate is easier than you think, let me help you! Call me today!
Price History
Date
Event
Price
09/07/72
Sold
$1,500
Condition Rating
Poor
Built in 1924, this 100-year-old property is explicitly described as a 'fixer.' The images confirm significant deferred maintenance and extreme disrepair. The kitchen is severely outdated with old appliances, worn flooring, peeling paint, and damaged walls, requiring a complete overhaul. The bathroom is in very poor condition, appearing dirty with poorly executed partial updates and damaged walls. The overall property shows signs of neglect, clutter, and visible damage throughout, indicating substantial repairs and rehabilitation are needed to make it safe and comfortable for living. It aligns with the 'Poor' criteria of requiring substantial repairs and rehabilitation, with major components needing significant work.
Pros & Cons
Pros
Significant Price Reduction & Value: The probate court has lowered the appraisal price, presenting a 'GREAT VALUE' and an 'easy on your budget price' for potential buyers, confirmed by the price history showing a reduction.
Investor-Friendly Opportunity: Explicitly marketed as an 'Investor opportunity!', this property is ideal for those seeking a project with significant potential for value addition and return on investment.
Strategic Location & Accessibility: The property boasts 'Easy access to downtown Los Angeles, freeways and shopping,' providing excellent connectivity and convenience for residents.
Customization & Value-Add Potential: Described as a 'fixer' that 'you could make it into something special,' it offers a unique opportunity for buyers to personalize and significantly enhance the property's value.
Probate Process Support: The listing offers guidance and reassurance regarding the probate sale process ('probate is easier than you think, let me help you!'), potentially simplifying the transaction for interested parties.
Cons
Extensive Renovation Required: The property is explicitly stated as a 'fixer,' indicating it is in poor condition and will require substantial financial and time investment for necessary repairs and upgrades.
Small Footprint & Limited Layout: With only 764 square feet, 2 bedrooms, and 1 bathroom, the property offers very limited living space, which may not meet the needs of many prospective buyers or families.
Advanced Age of Property: Built in 1924, the home is nearly a century old, suggesting the likelihood of outdated systems (plumbing, electrical, HVAC) and structural components that will require significant modernization and potential costly repairs.