619 W Cherry Street, Compton, California 90222, Compton, 90222 - 1 bed, 1 bath
ACTIVE$375,000$399/sqft
Est. Value: $353,703
-5%
AboveEstimate
619 W Cherry Street, Compton, California 90222
1Bed
1Bath
399Sqft
2,497Lot
Price Vs. Estimate
The estimated value ($353,703.325) is $21,296.675 (5%) lower than the list price ($375,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Renovation Potential: Explicitly marketed as a 'fixer-upper' and 'investor opportunity' with 'incredible potential' for transformation into a true gem.
Top Cons:
Extensive Renovation Required: Clearly stated as a 'fixer-upper' requiring significant investment, time, and effort for transformation.
Compared to the nearby listings
Price:$375.0K vs avg $600.0K ($-225,000)4%
Size:399 sqft vs avg 1,076 sqft2%
Price/sqft:$940 vs avg $55896%
More Insights
Built in 1923 (103 years old).
Condition: Built in 1923 and explicitly marketed as a 'fixer-upper' requiring extensive renovation, this property is in very poor condition. The bathroom is severely deteriorated with moldy grout, an old tub, and failing caulk, indicating significant deferred maintenance. The kitchen features outdated cabinets and flooring, despite a newer range. The interior has old light fixtures and a mix of worn flooring, while the exterior shows peeling paint and general neglect. The property likely requires substantial repairs to major systems and components, aligning with the 'poor' classification, and may not qualify for conventional financing due to its condition.
Year Built
1923
Close
-
List price
$375K
Original List price
$392K
Price/Sqft
$940
HOA
-
Days on market
-
Sold On
-
MLS number
25629737
Home ConditionPoor
Features
View-
About this home
Perfect Investor Opportunity! Looking for a project? Look no further! This fixer-upper offers incredible potential for those with a keen eye for design and renovation. Whether you're an experience investor or seeking a rewarding DIY experience, this property is ready to be transformed into a true gem. Show by appointment only- do disturb occupants. Property may not qualify for conventional financing.
J
Jamal Maxwell
Listing Agent
Condition Rating
Poor
Built in 1923 and explicitly marketed as a 'fixer-upper' requiring extensive renovation, this property is in very poor condition. The bathroom is severely deteriorated with moldy grout, an old tub, and failing caulk, indicating significant deferred maintenance. The kitchen features outdated cabinets and flooring, despite a newer range. The interior has old light fixtures and a mix of worn flooring, while the exterior shows peeling paint and general neglect. The property likely requires substantial repairs to major systems and components, aligning with the 'poor' classification, and may not qualify for conventional financing due to its condition.
Pros & Cons
Pros
High Renovation Potential: Explicitly marketed as a 'fixer-upper' and 'investor opportunity' with 'incredible potential' for transformation into a true gem.
Recent Price Reduction: The listing price has been reduced from $392,000 to $375,000, indicating a potentially more attractive entry point for investors.
Standalone Property Type: As a Single Family Residence, it offers greater privacy, land ownership, and often better long-term appreciation compared to attached units.
Established Location: Situated in Compton, a well-known city in Southern California, which can offer a stable market for future resale or rental.
Historic Charm: The property's age (built in 1923) suggests potential for restoring original architectural details and character, appealing to buyers seeking unique homes.
Cons
Extensive Renovation Required: Clearly stated as a 'fixer-upper' requiring significant investment, time, and effort for transformation.
Financing Limitations: The property 'may not qualify for conventional financing,' severely restricting the buyer pool to cash buyers or those with specialized loan products.
Small Footprint: With only 399 sqft (1 bed, 1 bath), the property is exceptionally small, which might limit its appeal to a broader range of buyers or families.