319 W Almond Street, Compton, California 90220, Compton, 90220 - bed, bath
ACTIVE$875,000
319 W Almond Street, Compton, California 90220
0Bed
0Bath
3,300Sqft
7,769Lot
Year Built
1955
Close
-
List price
$875K
Original List price
$959K
Price/Sqft
$265
HOA
-
Days on market
-
Sold On
-
MLS number
DW25182059
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros.
Tremendous potential Income with this 5 Unit Property Fully Occupied; In a desirable strategic area of the City of Compton, right behind the City Hall, Shopping Centers,Los Angeles Metro Rail Line A, running from Long Beach to Downtown LA; Just opened recently State of the Art High School few blocks away in a walking distance.Property Features long driveway with a 5 car garage , One for each Apartment.Cul-de-sac Street. With plenty of space to increase the rents, in a yearly basis.
Price History
Date
Event
Price
11/20/25
Price Change
$875,000-5.8%
09/10/25
Price Change
$929,000-3.1%
08/12/25
Listing
$959,000
09/05/23
Sold
$820,000
Condition Rating
Poor
Built in 1955, this property is 69 years old. The listing provides no interior images or descriptions of the individual units, particularly kitchens and bathrooms. This significant lack of detail, combined with the property's age and the description highlighting 'tremendous potential income' and 'plenty of space to increase the rents,' strongly suggests that the interior conditions are severely outdated and require substantial rehabilitation. While the exterior appears maintained, the absence of interior information for a multi-unit income property is a major red flag, indicating that the units likely need extensive modernization to meet current quality standards and tenant expectations.
Pros & Cons
Pros
Strong Income Potential: The property is a fully occupied 5-unit income property with stated potential to increase rents annually, offering a stable revenue stream for investors.
Strategic & Desirable Location: Situated in a strategic area behind Compton City Hall, close to shopping centers, enhancing convenience and tenant appeal.
Excellent Transportation Access: Proximity to the Los Angeles Metro Rail Line A provides convenient public transportation for residents, connecting Long Beach to Downtown LA.
Dedicated Parking & Garages: Features a long driveway and a 5-car garage, with one dedicated garage for each apartment, a significant amenity in urban settings.
Proximity to New Educational Facility: Located within walking distance of a recently opened 'State of the Art High School', which can attract families and enhance rental demand.
Cons
Age of Property & Potential Maintenance: Built in 1955, the property is older, which may imply higher ongoing maintenance costs and potential need for significant capital expenditures for system upgrades or renovations.
Recent Price Reductions & Valuation: The property has undergone multiple price reductions and is currently listed above its last sale price from September 2023, potentially indicating overpricing or market resistance at the current asking price.
Lack of Unit Condition Details: The description lacks specific details regarding the interior condition or recent upgrades of the individual units, which is crucial for assessing current rental value and the feasibility of stated rent increases.