4704 E Compton Boulevard, Compton, California 90221, Compton, 90221 - bed, bath
ACTIVE UNDER CONTRACT$1,075,000
4704 E Compton Boulevard, Compton, California 90221
0Bed
0Bath
3,200Sqft
3,817Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Brand New Construction: Built in 2024, the property offers two newly constructed units, ensuring modern standards, minimal immediate maintenance, and contemporary aesthetics.
Top Cons:
Significant Price Reduction History: The substantial price drop from $1.5M to $1.075M could signal initial overvaluation or market challenges, potentially raising buyer caution regarding its perceived value or market demand.
Compared to the nearby listings
Price:$1.07M vs avg $820.0K (+$255,000)91%
Size:3,200 sqft vs avg 1,952 sqft91%
Price/sqft:$336 vs avg $4379%
More Insights
Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new construction. The images and description confirm modern finishes throughout, including a contemporary kitchen with white shaker cabinets and black marble-look countertops, and bathrooms with new vanities, modern fixtures, and glass-enclosed showers. Features like solar panels, Ring doorbells, USB outlets, and new flooring further solidify its excellent, move-in ready condition with no deferred maintenance.
Year Built
2024
Close
-
List price
$1.07M
Original List price
$1.5M
Price/Sqft
$336
HOA
-
Days on market
-
Sold On
-
MLS number
RS24188061
Home ConditionExcellent
Features
Deck
View-
About this home
$100K PRICE DROP! Your dream property is now more affordable! Perfect for investment or multi-family living. Don't wait- call me for details or to schedule a tour! Two newly constructed units, comprising of ten bedrooms and four bathrooms, presents a significant investment opportunity for property owners. The 2024 construction incorporates modern features such as solar panels, pre-installed Ring doorbells, and USB and Type-C outlets. Further enhancements include custom gutters, a computerized garage door opener, and barn-style doors. The upper unit features a private balcony with exterior washer/dryer connections and high ceilings. Both units offer desirable open floor plans and granite breakfast bars.
Price History
Date
Event
Price
07/06/07
Sold
$145,000
Condition Rating
Excellent
This property was built in 2024, making it brand new construction. The images and description confirm modern finishes throughout, including a contemporary kitchen with white shaker cabinets and black marble-look countertops, and bathrooms with new vanities, modern fixtures, and glass-enclosed showers. Features like solar panels, Ring doorbells, USB outlets, and new flooring further solidify its excellent, move-in ready condition with no deferred maintenance.
Pros & Cons
Pros
Brand New Construction: Built in 2024, the property offers two newly constructed units, ensuring modern standards, minimal immediate maintenance, and contemporary aesthetics.
Modern Amenities & Energy Efficiency: Equipped with solar panels, pre-installed Ring doorbells, USB and Type-C outlets, custom gutters, and a computerized garage door opener, enhancing convenience, security, and reducing utility costs.
Strong Investment & Income Potential: A duplex configuration with a total of ten bedrooms and four bathrooms, explicitly marketed as 'perfect for investment or multi-family living' and a 'significant investment opportunity'.
Desirable Unit Features: Both units feature open floor plans and granite breakfast bars, while the upper unit boasts a private balcony with exterior washer/dryer connections and high ceilings, appealing to modern living preferences.
Recent Significant Price Adjustment: A substantial $425,000 price drop from the original list price of $1.5M to $1.075M presents a more attractive entry point and potential value for buyers.
Cons
Significant Price Reduction History: The substantial price drop from $1.5M to $1.075M could signal initial overvaluation or market challenges, potentially raising buyer caution regarding its perceived value or market demand.
High Bedroom Density per Unit: With 10 bedrooms across two units (averaging 5 bedrooms per unit), this configuration might cater to a niche market (e.g., large families, shared living) and could limit the broader tenant pool compared to units with fewer, larger rooms.
Lack of Detailed Unit Breakdown: The description lacks specific details regarding individual unit square footage, separate utility metering, or dedicated outdoor spaces for each unit, which are crucial for comprehensive investment analysis and tenant attraction.