505 N Wilmington, Compton, California 90220, Compton, 90220 - 2 bed, 1 bath
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Compton, California 90220
This property represents a High-Potential Investment Opportunity, listed at a List Price of $525,000—positioned well below the $535,282 Fair Market Value by 1%. This valuation gap offers $10,282 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home is functional but dated, offering clear potential for cosmetic value-add. With a private patio and a prime commuter location, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 N Wilmington Subject | $525,000* List Price | 2 | 1 | 653 | $820 | - |
A 512 S Willowbrook Active | $585,000 List Price | 2 | 1 | 572 | $1,023 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, the property is well-maintained but dated. While it features a modern stainless steel refrigerator, the kitchen cabinetry, tile flooring, and textured walls indicate a renovation age of over 20 years. The home appears functional and move-in ready but requires cosmetic updates and likely system inspections due to its age.
The property is ideally situated near major transit routes, local schools, and shopping centers, offering excellent convenience for daily commuting and accessibility.
With a competitive list price for the Southern California market, this home serves as an accessible entry point for first-time buyers or investors seeking a manageable residential asset.
The home features a highly functional floor plan and abundant natural light, maximizing the utility and comfort of the living spaces despite the compact footprint.
At only 653 square feet, the interior footprint is significantly smaller than average for a two-bedroom residence, which may feel restrictive for families or those needing extra storage.
The lot size of under 3,000 square feet limits outdoor utility and provides restricted potential for future structural expansions or the addition of an Accessory Dwelling Unit (ADU).
Excellent opportunity to own a charming residential property in the heart of Compton. This home features a highly functional layout with great natural light and comfortable living spaces. Situated on a well-sized lot with private outdoor space, it offers convenience and versatility for first-time buyers or investors alike. Conveniently located near local schools, parks, shopping centers, and major transit routes for an easy commute.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 653 | 1,096.5 | 4% |
| Lot Size | 2,997 | 5,441.5 | 7% |
| Price | $525.0K | $647.5K | 21% |
| Price per sq ft | $804 | $508 | 96% |
| Built year | 1944 | 1949 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 178 | 1% |
May 28, 2026
$525,000
Initial Listing
May 21, 2009
$60,000
Public Record
Jun 25, 2007
$378,500
Public Record
Apr 4, 2005
$170,000
Public Record
Oct 10, 2001
$115,500
Public Record
Jan 31, 2001
$57,000
Public Record