501 S Sloan, Compton, California 90221, Compton, 90221 - 5 bed, 2 bath
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Compton, California 90221
This Completely Remodeled Modern Spanish Revival is a Prime Investment Opportunity, listed at $1,000,000—positioned well below the $1,030,392 Fair Market Value by 3%. This valuation gap offers $30,392 in Instant Equity. Featuring a Mint Condition Rating with a "down to the studs" renovation, this 5-bedroom home includes 15-foot ceilings, KitchenAid appliances, and a permitted 499 sqft addition. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, generational property in the Compton Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 S Sloan Subject | $1,000,000* List Price | 5 | 2 | 2,916 | $353 | - |
A 423 S Poinsettia Sold | $850,000 | 4 | 3 | 2,809 | $303 | 0.1 mi |
B 621 S Burris Sold | $815,000 | 3 | 3 | 2,045 | $399 | 0.1 mi |
C 718 S Poinsettia Sold | $788,000 | 4 | 2 | 2,036 | $387 | 0.2 mi |
D 501 S Pearl Active Under Contract | $849,000 List Price | 6 | 3 | 2,209 | $384 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete 'down to the studs' renovation, effectively making it a new construction. It features all-new electrical, plumbing, roof, and foundation, along with high-end KitchenAid appliances and modern finishes. As a total remodel completed within the last 5 years, it meets the criteria for mint condition with no maintenance required.
The property has been meticulously renovated down to the studs, including all-new electrical, plumbing, roof, windows, and foundation, essentially offering a brand-new construction experience within a historic shell.
Featuring 15-foot ceilings, multiple barrel ceilings, and a massive fireplace, the home preserves its Spanish Revival charm while providing an airy, expansive atmosphere rarely found in the area.
At nearly 3,000 square feet with high-end KitchenAid appliances and luxury finishes, the property offers one of the lowest price-per-square-foot ratios in the neighborhood for a home of this caliber.
The $1,000,000 list price represents the top tier of the local Compton market, which may present challenges for appraisal valuations or limit the pool of qualified buyers in this specific zip code.
Given the large 2,919 square foot interior footprint and the detached garage, the remaining yard space on the 6,807 square foot lot may feel undersized for a five-bedroom home intended for large families.
Welcome to this Completely Remodeled Modern Spanish Revival, one of the most unique properties to ever hit the market in the city of Compton! Located on a corner lot with a detached garage, this home offers 2,919 square feet of living space, with a permitted 499 sqft addition and a big basement. It is still one of the lowest price per foot homes in the area! Featuring 5 bedrooms and 3 full bathrooms, with a huge master bath and closet located upstairs. Laundry is upstairs along with a Jack and Jill Bath, 3 bedrooms and storage. The home is perfect for a large family and those who love to entertain. Upon entering, you'll be greeted by 15 foot ceilings, massive fireplace and multiple barrel ceilings, giving the home an airy and spacious feel. The luxury vinyl flooring, KitchenAid Appliances and high end finishes add so much elegance and modernity to this beautiful space. This home has been completely renovated down to the studs with all new electrical, roof, plumbing, windows, landscaping and foundation, and is completely permitted; making it essentially a brand new construction. The detached garage offers plenty of space for storage and parking. This is a generational property that only becomes available every so often, don't miss out on this timeless piece of architecture!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,916 | 1,072 |
| Lot Size | 6,807 | 5,805 |
| Price | $1.00M | $639.7K |
| Price per sq ft | $343 | $548 |
| Built year | 1928 | 1948 |
| HOA | $0 | $0 |
| Days on market | 24 | 63 |
Jun 28, 2026
$1,000,000
Initial Listing
Sep 8, 2023
$990,000
Public Record
Feb 25, 2022
$310,000
Public Record
Mar 8, 2000
$3,000
Public Record