705 S Corlett Avenue, Compton, California 90220, Compton, 90220 - 3 bed, 2 bath
705 S Corlett Avenue
Compton, California 90220
Property Price
SUMMARY
Analysis of 705 S Corlett Avenue, Compton, California 90220 reveals a property with a current list price of $575,000, which is 5% above the estimated $542,930 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Compton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 705 S Corlett Avenue Subject | $575,000* List Price | 3 | 2 | 1,110 | $489 | - |
A 1713 Reeve Street Sold | $639,000 | 3 | 2 | 1,176 | $543 | 0.4 mi |
B 416 S Caswell Avenue Sold | $640,000 | 3 | 1 | 1,036 | $618 | 0.3 mi |
C 1410 W School Sold | $551,000 | 3 | 2 | 1,196 | $461 | 0.7 mi |
D 14605 S Bahama Avenue Sold | $450,000 | 3 | 2 | 1,050 | $429 | 0.7 mi |
E 1310 W Bennett Sold | $600,000 | 3 | 1 | 1,104 | $543 | 0.8 mi |
F 941 W Almond Street Sold | $600,000 | 3 | 1 | 1,157 | $519 | 0.9 mi |
G 1307 S Grandee Avenue Active | $588,000 List Price | 3 | 1 | 1,104 | $533 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1950, the property is described as a 'blank canvas' requiring substantial interior restoration and kitchen updates. While the electrical panel is upgraded and the home is habitable, the listing explicitly notes that various sections require significant attention and rehabilitation to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The expansive 5,998 sq. ft. lot provides a significant opportunity for a detached Accessory Dwelling Unit (ADU), offering excellent potential for rental income or multi-generational living.
- Upgraded Electrical Infrastructure
The property features a fully permitted and upgraded electrical panel built to city codes, providing a critical and costly head start for any future renovation or modernization projects.
- Strategic Commuter Location
Situated in a prime pocket of Compton with immediate access to the 110 and 91 freeways, the home offers superior connectivity for professionals working throughout the Los Angeles basin.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
The kitchen and various interior sections require substantial attention and updates, necessitating a buyer with the budget and vision to handle a 'blank canvas' project.
- Compact Interior Footprint
With only 1,110 sq. ft. of living space to accommodate three bedrooms and two bathrooms, the interior layout may feel constrained for families prioritizing large common areas.
About 705 S Corlett Avenue
Secured this 3 Beds, 2 bathrooms Gem on a massive 5,998 sq. ft. Ft. lot, with an incredible upside. This home features unseen upgrades, including a fully permitted and upgraded electrical panel built to city codes, a massive start on any renovation project. The interior is a functional blank canvas, while the kitchen and certain areas of the home require some attention; however, it is habitable with a spacious floor plan. The primary bedroom is oversized, and the laundry hookups are conveniently located in the attached 1-car garage. The true Gold Mine is the expansive backyard perfect for a detached ADU. Located in the prime pocket of Compton, near local amenities. Don't miss this chance to restore a classic and build your dream out of this Gem—close to 110 and 91 Fwys. Please Read the Private Remarks & Supplement Docs Field. Sellers are very motivated, please submit your best and highest Offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,110 | 1,157 | 43% |
| Lot Size | 5,998 | 5,511.5 | 62% |
| Price | $575.0K | $657.5K | 20% |
| Price per sq ft | $518 | $561 | 39% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 180 | 5% |
Pricing History
Listed for Sale
Jan 4, 2026
$575,000
Initial Listing
Sold
Dec 23, 2021
$550,000
Public Record