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500 S Clymar Avenue, Compton, California 90220, Compton, 90220 - 5 bed, 3 bath

500 S Clymar Avenue, Compton, California 90220 home-pic-0
ACTIVE$830,000
500 S Clymar Avenue, Compton, California 90220
5Beds
3Baths
1,821Sqft
7,073Lot
Year Built
1953
Close
-
List price
$830K
Original List price
$900K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
DW24244833
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 50% below the list price. We found 3 Cons,5 Pros. Rank: price - $830.0K(96th), sqft - 1821(90th), beds - 5(92th), baths - 3(85th).

WOW!!!! WOW!!!! WOW!!!!! WELCOME HOME !!!!!!! THIS HOME IS A 5 BEDROOMS AND 3 BATH RESIDENCE THAT SPANS OVER 1,800 SQUARE FEET .THE EXPANSIVE FAMILY ROOM SEAMLESSLY FLOWS INTO THE OPEN CONCEPT KITCHEN CREATING AN INVITING SPACE PERFECT FOR GATHERINGS AND EVERY DAY COMFORT ALL THE GENEROUS ROOMS SERVE AS A TRANQUIL RETREAT WITH 3BEDROOMS AND 2BATH DOWNSTAIRS AND 2 BEDROOMS 1 BATH UPSTAIRS PERFECT FOR A GROWING FAMILY OR IDEAL FOR EXTRA FAMILY OR GUEST ONE OF THE STANDOUT FEATURES OF THIS PROPERTY IS A HUGE BACK YARD ON A CORNER LOT PROPERTY WITH SOLAR PANEL THAT THE SELLER PAYS $76 PER MO AND IT WILL BE TRANSFER TO NEW HOMEOWNER THE BACK YARD IS PERFECT FOR ENTERTAINING OR SIMPLY RELAXING OUTDOORS THIS HOME IS CONVENIENTLY LOCATED NEAR FREEWAYS,SCHOOLS AND RESTAURANTS 2 CAR GARAGE WITH ACCESS TO THE HOUSE FROM THE GARAGE DON'T MISS YOUR CHANCE TO MAKE THIS LOVELY PROPERTY YOUR OWN!!!!!!!!

Price History

Date
Event
Price
02/15/22
Sold
$713,000
05/17/19
Sold
$505,000
Condition Rating
Fair
The property, built in 1953, shows signs of being aged but maintained. While the kitchen has been updated with dark wood cabinets, granite-style countertops, and stainless steel appliances, the style appears to be from 10-20 years ago, not meeting current modern standards. Flooring is a mix of older hardwood and laminate/vinyl. The presence of a window AC unit suggests a lack of central cooling, and light fixtures are basic ceiling fans. The overall aesthetic is dated, and the MLS description explicitly notes a 'lack of comprehensive modern updates.' This indicates that while functional, the home requires minor to moderate updates and potential upgrades to major systems to align with contemporary expectations.
Pros & Cons

Pros

Spacious Layout & Versatility: The residence offers a generous 5 bedrooms and 3 baths across 1,800+ square feet, featuring a versatile split-level design with 3 bedrooms/2 baths downstairs and 2 bedrooms/1 bath upstairs, ideal for a growing family, multi-generational living, or guest accommodation.
Open Concept Living Area: An expansive family room seamlessly flows into an open concept kitchen, creating an inviting and modern space perfect for gatherings and everyday comfort.
Large Corner Lot with Backyard: The property boasts a huge backyard on a corner lot, providing ample outdoor space for entertaining, relaxation, and potential for further landscaping or additions.
Solar Panel System: Equipped with solar panels at a transferable cost of $76 per month, offering energy efficiency and potential long-term cost savings for the new homeowner.
Convenient Location & Garage Access: Strategically located near freeways, schools, and restaurants, enhancing accessibility. It also includes a 2-car garage with direct access to the house, adding convenience and security.

Cons

Significant Price Discrepancy: The current list price of $830,000 is substantially higher than the estimated property value of $406,844.28 and recent comparable sales in the area, indicating potential overpricing and a challenging market position.
Lack of Comprehensive Modern Updates: While the kitchen is described as open concept, the property description does not detail comprehensive modern updates to other key areas (e.g., bathrooms, flooring, windows, major systems like HVAC, plumbing, electrical) for a 1953-built home, which may necessitate significant buyer investment.
Extended Market Time & Price Reduction: The property has been on the market for over four months (since December 2024) and has already undergone a significant price reduction from $899,999 to $830,000, suggesting difficulty in attracting buyers at its initial price point and potentially indicating market resistance.

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