300 N Dwight Avenue, Compton, California 90220, Compton, 90220 - 4 bed, 2 bath
ACTIVE$499,000$1,610/sqft
300 N Dwight Avenue, Compton, California 90220
4Beds
2Baths
1,610Sqft
4,994Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Legal Duplex Configuration: The property is a legal duplex, offering two separate 2-bedroom, 1-bathroom units, which provides immediate rental income potential and diversification for investors.
Top Cons:
All-Cash Buyer Requirement: The requirement for an all-cash buyer significantly narrows the potential buyer pool, excluding those reliant on traditional financing and potentially impacting marketability and sale price.
Compared to the nearby listings
Price:$499.0K vs avg $825.0K ($-326,000)11%
Size:1,610 sqft vs avg 1,729 sqft44%
Price/sqft:$310 vs avg $32233%
More Insights
Built in 1988 (38 years old).
Condition: Built in 1988, this property shows significant signs of age and lack of renovation. The kitchen features dated light wood cabinets, laminate countertops, older white appliances, and worn linoleum flooring. The bathroom is similarly outdated with an old vanity, basic fixtures, and worn flooring. Carpets throughout appear worn. The explicit requirement for an 'all CASH buyer' strongly indicates that the property's condition likely prevents traditional financing, suggesting substantial repairs and rehabilitation are needed for major systems or structural components, aligning with the 'poor' condition criteria.
Year Built
1988
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
SB24246329
Home ConditionPoor
Features
View-
About this home
**************INVESTORS...************** Take a look. This is a legal duplex (2) - 2 bedrooms 1 baths. Located in a desirable section of Compton. This is a great opportunity for the investor. This property will require an all CASH buyer...
J
John Skulick
Listing Agent
Condition Rating
Poor
Built in 1988, this property shows significant signs of age and lack of renovation. The kitchen features dated light wood cabinets, laminate countertops, older white appliances, and worn linoleum flooring. The bathroom is similarly outdated with an old vanity, basic fixtures, and worn flooring. Carpets throughout appear worn. The explicit requirement for an 'all CASH buyer' strongly indicates that the property's condition likely prevents traditional financing, suggesting substantial repairs and rehabilitation are needed for major systems or structural components, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Legal Duplex Configuration: The property is a legal duplex, offering two separate 2-bedroom, 1-bathroom units, which provides immediate rental income potential and diversification for investors.
Dedicated Investment Opportunity: Explicitly marketed towards investors, this property is ideal for those seeking passive income or looking to expand their real estate portfolio.
Desirable Location: Located in a 'desirable section of Compton,' which can attract quality tenants and potentially offer good appreciation prospects within the local market.
Relatively Modern Build Year: Constructed in 1988, the property is newer than many older income properties, potentially reducing immediate maintenance concerns related to aging infrastructure.
Practical Unit Layouts: The 2-bedroom, 1-bathroom per unit configuration is a highly sought-after size for rental properties, appealing to a broad tenant base.
Cons
All-Cash Buyer Requirement: The requirement for an all-cash buyer significantly narrows the potential buyer pool, excluding those reliant on traditional financing and potentially impacting marketability and sale price.
Limited Property Details: The brief description lacks crucial information regarding the current condition of the units, recent upgrades, or existing rental income/leases, requiring extensive due diligence from prospective buyers.
No Special Features or Views: The property lacks any unique selling propositions such as panoramic views or high-end finishes, which could limit its appeal to certain segments of the market.