805 S Crane Avenue, Compton, California 90221, Compton, 90221 - bed, bath

805 S Crane Avenue, Compton, California 90221 home-pic-0
ACTIVE$734,900
805 S Crane Avenue, Compton, California 90221
0Bed
0Bath
1,912Sqft
6,391Lot
Year Built
1929
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$384
HOA
-
Days on market
-
Sold On
-
MLS number
OC25148614
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $734.9K(36th), sqft - 1912(50th), beds - undefined(50th), baths - undefined(50th).

!!! PRICE REDUCTION !!! - Duplex in the City of Compton. This is a Probate Sale with Full Authority, so no court confirmation is needed. Great 1,910 sqft, 3/2 Spanish style property with Studio unit in the rear. The main house features all new plumbing and has been remodeled, including a new kitchen. The bathroom has a new vanity, paint, and a lovely original tile floor. The 2nd unit features a full bath, a tub, a large kitchen, and ample closet space. The rental potential is fantastic. The main house is estimated to rent for $3,900 to $4,200, and the second unit would rent for around $1,800. Whether looking at the house as an income stream or a family home, you are at the right property! There is potential to convert the second unit to an Accessory Dwelling Unit (ADU) for even greater income. 2-car garage and attached separate laundry room for ease of living.

Condition Rating
Fair

The property was built in 1929, but the description mentions a remodeled kitchen and new plumbing in the main house. The bathroom has a new vanity but retains original tile. The images show updated flooring and a relatively modern kitchen in the main house. The second unit appears functional but less updated. Given the age and partial renovations, 'fair' is an appropriate assessment.
Pros & Cons

Pros

Income Potential: Duplex with potential rental income from both the main house and the studio unit, offering a strong return on investment.
Remodeled Main House: The main house features new plumbing and a remodeled kitchen, increasing its appeal and reducing immediate renovation costs.
ADU Conversion Potential: Opportunity to convert the second unit into an Accessory Dwelling Unit (ADU) for increased rental income.
Probate Sale with Full Authority: The probate sale with full authority streamlines the purchasing process, eliminating the need for court confirmation.
Separate Laundry Room: Attached separate laundry room for ease of living.

Cons

Property Age: Built in 1929, the property may require ongoing maintenance and potential upgrades due to its age.
Location Considerations: Compton's real estate market may present challenges or opportunities depending on the specific investment strategy.
Studio Unit Condition: The description focuses on the main house remodel, suggesting the studio unit may require updates to maximize rental potential.

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