724 W Plum Street, Compton, California 90222, Compton, 90222 - 2 bed, 2 bath

724 W Plum Street, Compton, California 90222 home-pic-0
ACTIVE$575,000
724 W Plum Street, Compton, California 90222
2Beds
2Baths
1,227Sqft
4,995Lot

Price Vs. Estimate

The estimated value ($402,813.355) is $172,186.645 (29%) lower than the list price ($575,000). This property may be overpriced.

Key pros and cons

Top Pros:
Flexible Living Space: The property offers a versatile layout with bonus rooms that can function as additional bedroom spaces (up to two) or a family/dining room, plus an elevated room with an en-suite half bath that can easily serve as a third bedroom.
Top Cons:
Significant Overpricing: The listing price of $575,000 is approximately 29% higher than the estimated value of $402,813, suggesting potential overvaluation according to automated valuation models.

Compared to the nearby listings

Price:$575.0K vs avg $600.0K ($-25,000)41%
Size:1,227 sqft vs avg 1,121 sqft59%
Price/sqft:$469 vs avg $52334%

More Insights

Built in 1946 (79 years old).
Condition: Built in 1946, this property shows a mix of updates and outdated features. While the living room has polished hardwood floors, recessed lighting, and a modern accent wall, the kitchen features dated wood cabinets and laminate countertops, despite the mention of stainless steel appliances. One bathroom is significantly dated with older tiles and fixtures, while a half-bath appears more recently updated with modern hexagon tiles and a vessel sink. The overall condition suggests regular maintenance but requires minor to moderate updates, particularly in the kitchen and main bathroom, to align with current styles and standards.
Year Built
1946
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
25510969
Home ConditionFair
Features
Patio
View-

About this home

NO MORE SHOWINGS OFFER DEADLINE WAS FRIDAY 3/21/2025 12:00 NOON. This is a spacious updated 2 bedroom home with a bonus room and a bonus room providing up to two added bedroom spaces; room for a family room or formal dining room. Enter your living room and cross hardwood polished flooring, enjoy a decorative tile faux hearth with room for a television. Two sizeable bedrooms and two baths are enjoyed by this home's owners, a elevated large room at the rear has an ensuite half bath and can easily serve as a third bedroom. Enjoy entertaining in a large galley kitchen w/stainless steel gas range w/a microwave and a back porch. An attached garage also includes a newer washer/dryer and storage shelves. This home is located in close proximity to retail shopping areas, hospital and places of worship and schools. Just hop off the 105 freeway and you are nearly at home.

Price History

Date
Event
Price
10/30/20
Sold
$444,000
Condition Rating
Fair

Built in 1946, this property shows a mix of updates and outdated features. While the living room has polished hardwood floors, recessed lighting, and a modern accent wall, the kitchen features dated wood cabinets and laminate countertops, despite the mention of stainless steel appliances. One bathroom is significantly dated with older tiles and fixtures, while a half-bath appears more recently updated with modern hexagon tiles and a vessel sink. The overall condition suggests regular maintenance but requires minor to moderate updates, particularly in the kitchen and main bathroom, to align with current styles and standards.
Pros & Cons

Pros

Flexible Living Space: The property offers a versatile layout with bonus rooms that can function as additional bedroom spaces (up to two) or a family/dining room, plus an elevated room with an en-suite half bath that can easily serve as a third bedroom.
Updated Interior Features: The home features polished hardwood flooring and an updated galley kitchen equipped with stainless steel appliances, including a gas range and microwave.
Prime Location & Accessibility: Strategically located in close proximity to retail shopping areas, a hospital, places of worship, and schools, with convenient access to the 105 freeway.
Functional Attached Garage: An attached garage provides practical storage solutions and includes a newer washer/dryer, enhancing convenience for homeowners.
Adequate Lot Size: With a lot size of 4995 sqft, the property offers sufficient outdoor space for various activities, a desirable attribute for a single-family residence.

Cons

Significant Overpricing: The listing price of $575,000 is approximately 29% higher than the estimated value of $402,813, suggesting potential overvaluation according to automated valuation models.
Older Construction: Built in 1946, the property is an older home, which may entail a higher likelihood of age-related maintenance issues or systems that may not meet modern efficiency standards, despite reported updates.
Transactional Ambiguity: The listing description indicates an offer deadline has passed ('NO MORE SHOWINGS OFFER DEADLINE WAS FRIDAY 3/21/2025 12:00 NOON') while the property remains 'Active', which could signal a complex sales process, a failed prior offer, or data entry inconsistencies, potentially creating uncertainty for prospective buyers.

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