705 S Thorson Avenue, Compton, California 90221, Compton, 90221 - 3 bed, 1 bath
Loading property details...
Compton, California 90221
This Value-Add Investment Asset is listed at $580,000, positioned relative to a $519,423 Fair Market Value. Despite the current valuation gap, the property’s Poor Condition Rating—marked by structural defects and significant deferred maintenance—presents a prime opportunity for forced appreciation through a full-scale rehabilitation. The 5,274-square-foot lot includes a spacious backyard with patio potential, offering significant ROI in a high-demand rental market near the 710 Freeway. This acquisition is best suited for Fix-and-Flip Investors or Contractors prepared to capitalize on the property's "TLC" requirements within the Compton Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 705 S Thorson Avenue Subject | $580,000* List Price | 3 | 1 | 973 | $534 | - |
A 519 S Holly Sold | $415,000 | 2 | 1 | 736 | $564 | 0.1 mi |
B 14822 S Butler Sold | $630,000 | 3 | 2 | 1,094 | $576 | 0.5 mi |
C 1504 S California Avenue Sold | $615,000 | 3 | 2 | 1,348 | $456 | 0.8 mi |
D 2011 E Elizabeth Sold | $550,000 | 2 | 1 | 770 | $714 | 0.2 mi |
E 1313 S California Sold | $500,000 | 3 | 1 | 1,118 | $447 | 0.8 mi |
F 301 S Harris Avenue Sold | $660,000 | 3 | 2 | 1,306 | $505 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property exhibits significant deferred maintenance and requires substantial rehabilitation. Interior images reveal a hole in the kitchen ceiling, peeling plaster and water damage in the bathroom, and outdated, worn cabinetry. The flooring is a mix of dated vinyl tile and laminate showing wear, while the exterior features a damaged garage door and cluttered grounds. The listing's call for 'TLC' and the visible structural and cosmetic defects align with the criteria for a poor condition rating.
Situated just minutes from the 710 Freeway, this property offers excellent accessibility for commuters traveling throughout the Los Angeles area.
The over 5,000-square-foot lot provides a spacious backyard, offering significant potential for landscaping, an outdoor retreat, or future expansion.
As a property requiring 'TLC,' it presents a prime opportunity for investors or first-time buyers to build sweat equity through personalized renovations and upgrades.
The home requires repairs and modernization, which will necessitate an immediate additional investment beyond the purchase price to bring it to its full potential.
With three bedrooms and only one bathroom, the layout may be restrictive for growing families or those seeking modern convenience.
Charming 3-bedroom, 1-bathroom home located in the city of Compton, just minutes from the 710 Freeway, making commuting convenient. This home offers just under 1,000 square feet of living space and sits on a lot of over 5,000 square feet, providing a spacious backyard with plenty of potential to create your own outdoor retreat. Built in 1948, the property features a 1-car attached garage and is a great opportunity for buyers looking to add their personal touch. With a little TLC, this home can truly shine. Whether you're a first-time buyer, investor, or someone looking to customize a home to your taste, this property offers great potential in a convenient location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 973 | 1,214 | 22% |
| Lot Size | 5,274 | 5,757.5 | 38% |
| Price | $580.0K | $630.0K | 25% |
| Price per sq ft | $596 | $529 | 73% |
| Built year | 1948 | 1942 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 184 | 3% |
Mar 24, 2026
$580,000
Initial Listing
Oct 27, 2021
$550,000
Public Record