2636 E 126th Street, Compton, California 90222, Compton, 90222 - bed, bath
ACTIVE$725,000
2636 E 126th Street, Compton, California 90222
0Bed
0Bath
1,263Sqft
6,632Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: This 3-unit multi-family property, including a studio, offers significant rental income potential and diverse revenue streams for investors.
Top Cons:
Limited Access for Due Diligence: The 'DRIVE BY ONLY' instruction severely restricts interior inspection, making it challenging for buyers to assess the true condition of the units and potentially hiding significant issues.
Compared to the nearby listings
Price:$725.0K vs avg $745.0K ($-20,000)50%
Size:1,263 sqft vs avg 1,279.5 sqft50%
Price/sqft:$574 vs avg $56750%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is significantly aged. The visible kitchen is very dated with worn cabinets, old appliances, and an outdated backsplash, indicating a need for substantial rehabilitation. The living area features basic tile flooring and a wall-mounted heater, suggesting outdated systems. The 'DRIVE BY ONLY' instruction strongly implies that interior conditions are likely worse than what is shown or that significant issues are present, requiring extensive repairs and updates to meet modern living standards and safety. The property requires substantial investment beyond minor updates.
Year Built
1947
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
DW25046925
Home ConditionPoor
Features
Patio
View-
About this home
Discover an incredible opportunity with this 3 -unit multi family property in the unincorporated part of Compton, 2-BEDROOM 1-BATH, 2-BEDROOM 1-BATH, 1-BEDROOM 1-BATH plus a small studio in good condition. Perfectly situated on a large lot offering endless possibilities! Whether you're looking to expand, develop or generate rental income, this property is a rare find. Units close to Alameda and El Segundo. DRIVE BY ONLY.
Price History
Date
Event
Price
07/01/94
Sold
$158,000
12/30/10
Sold
$45,000
05/20/10
Sold
$180,000
Condition Rating
Poor
Built in 1947, this property is significantly aged. The visible kitchen is very dated with worn cabinets, old appliances, and an outdated backsplash, indicating a need for substantial rehabilitation. The living area features basic tile flooring and a wall-mounted heater, suggesting outdated systems. The 'DRIVE BY ONLY' instruction strongly implies that interior conditions are likely worse than what is shown or that significant issues are present, requiring extensive repairs and updates to meet modern living standards and safety. The property requires substantial investment beyond minor updates.
Pros & Cons
Pros
Strong Income Potential: This 3-unit multi-family property, including a studio, offers significant rental income potential and diverse revenue streams for investors.
Development/Expansion Opportunity: Situated on a large 6,632 sqft lot, the property presents excellent possibilities for future expansion or redevelopment.
Strategic Location: Located in the unincorporated part of Compton, with close proximity to major thoroughfares like Alameda and El Segundo, enhancing accessibility for tenants.
Diverse Unit Configuration: The property features a mix of 2-bedroom, 1-bedroom, and studio units, catering to a broad range of tenant needs and potentially reducing vacancy risk.
Unincorporated Area Benefits: Being in an unincorporated area may offer more flexible zoning regulations or development incentives compared to incorporated city limits.
Cons
Limited Access for Due Diligence: The 'DRIVE BY ONLY' instruction severely restricts interior inspection, making it challenging for buyers to assess the true condition of the units and potentially hiding significant issues.
Age of Property: Built in 1947, the property is older, suggesting a higher likelihood of outdated systems (plumbing, electrical) and potential for deferred maintenance or costly renovations.
Low Stated Square Footage: The listed total square footage of 1,263 sqft for a triplex plus a studio is unusually low, raising concerns about individual unit sizes or potential data discrepancies that could impact rental value and desirability.