418 W Spruce Street, Compton, California 90220, Compton, 90220 - 2 bed, 1 bath
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Compton, California 90220
This Single-Family Value-Add Asset is listed at $600,000, aligning with its $600,000 Fair Market Value. Built in 1958, the property carries a Condition Rating of 5 due to significant deferred maintenance, including a worn roof and peeling exterior surfaces. Spanning 931 sqft with 2 beds and 1 bath on a 2,496 sqft lot featuring a gated front yard, the residence offers a functional footprint for a complete rehabilitation to drive forced appreciation. Situated in the Compton Unified district, this project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-utility renovation prospect.
Property is extensive renovation needed.
Built in 1958, the property's exterior shows significant signs of age and deferred maintenance, including a worn roof, peeling garage door, and cracked driveway. With no interior photos or mention of recent renovations, especially for the kitchen and bathroom, it's highly probable these key areas are original or severely outdated, requiring substantial repairs and rehabilitation. The listing's own analysis highlights 'potential for outdated systems and deferred maintenance, which could lead to considerable renovation costs'.
The property features a nice gated front yard, enhancing security and curb appeal, which is a desirable amenity for many buyers.
With 2 bedrooms and 1 bath, the property is perfectly suited for small families or individuals looking for an entry-level home.
Located in Compton, an established community with access to local amenities, schools, and major transportation routes.
The list price of $600,000 is substantially higher than the estimated property value of $372,094 and recent comparable sales, indicating a potential valuation mismatch.
Built in 1958 with no mention of recent upgrades, suggesting potential for outdated systems and deferred maintenance, which could lead to considerable renovation costs.
With only 931 sqft, 2 bedrooms, and 1 bathroom, the property offers restricted living space, potentially limiting its appeal to a broader buyer pool, especially compared to larger, similarly priced alternatives.
Property has 2 bedrooms with 1 bath. Perfect for small family. Nice gated front yard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 931 | 1,135.5 | 18% |
| Lot Size | 2,496 | 5,719 | 3% |
| Price | $600.0K | $650.0K | 34% |
| Price per sq ft | $644 | $548 | 76% |
| Built year | 1958 | 1950 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 324 | 189 | 95% |
Sep 8, 2014
$230,000
Public Record
Aug 28, 2013
$135,000
Public Record
Jul 8, 2005
$313,000
Public Record
Oct 31, 2003
$159,000
Public Record
May 8, 2003
$85,000
Public Record