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809 N Tamarind Avenue, Compton, California 90220, Compton, 90220 - bed, bath

809 N Tamarind Avenue, Compton, California 90220 home-pic-0
ACTIVE UNDER CONTRACT$753,888
809 N Tamarind Avenue, Compton, California 90220
0Bed
0Bath
1,208Sqft
4,980Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: This property is a duplex offering immediate and ongoing cash flow, with one 2-bedroom unit already tenant-occupied at $2,900/month, providing stable income.
Top Cons:
Age of Property: Built in 1923, the property is over a century old, which may imply potential for outdated systems (plumbing, electrical) and higher capital expenditures for maintenance or upgrades.

Compared to the nearby listings

Price:$753.9K vs avg $825.0K ($-71,112)18%
Size:1,208 sqft vs avg 2,131 sqft9%
Price/sqft:$624 vs avg $32291%

More Insights

Built in 1923 (102 years old).
Condition: Built in 1923, this property is over a century old. While one unit appears to have received recent cosmetic updates (new kitchen cabinets, countertops, flooring, paint), the kitchen is incomplete as it lacks appliances. The other unit shows signs of wear and tear with older fixtures and a wall heater. The absence of central HVAC and the property's age suggest major systems are likely outdated. It requires minor updates, particularly kitchen appliances for the vacant unit, and general updates for the occupied unit, to be fully functional and modern.
Year Built
1923
Close
-
List price
$754K
Original List price
$754K
Price/Sqft
$624
HOA
-
Days on market
-
Sold On
-
MLS number
DW25178544
Home ConditionFair
Features
Patio
View-

About this home

809 & 811 N Tamarind Ave, Compton, CABACK ON THE MARKET no fault to the owner, buyer did not perform. This duplex offers a practical blend of stable income and long-term potential in Compton. Each unit is separately metered, with tenants responsible for their own utilities, reducing owner expenses and simplifying management. Two Units: One 2-bedroom unit currently tenant-occupied at $2,900/month, and one 1-bedroom unit currently vacant and ready for lease or occupancy. Utility Setup: All utilities are individually metered; tenants cover their own usage. Flexibility: Both units can potentially be delivered vacant with the right terms, providing options for investors and owner-occupants. Income Property: With one strong rental already in place and the second unit open for new market rent, this property is positioned for immediate and ongoing cash flow. The property is located near local schools, shopping, and freeway access, making it a consistently desirable rental location. Whether purchased for portfolio growth or as a dual-use residence with rental income, 809 & 811 N Tamarind offers reliable performance with additional upside.

Price History

Date
Event
Price
05/05/22
Sold
$680,000
08/23/16
Sold
$415,000
03/13/07
Sold
$350,000
Condition Rating
Fair
Built in 1923, this property is over a century old. While one unit appears to have received recent cosmetic updates (new kitchen cabinets, countertops, flooring, paint), the kitchen is incomplete as it lacks appliances. The other unit shows signs of wear and tear with older fixtures and a wall heater. The absence of central HVAC and the property's age suggest major systems are likely outdated. It requires minor updates, particularly kitchen appliances for the vacant unit, and general updates for the occupied unit, to be fully functional and modern.
Pros & Cons

Pros

Income-Generating Duplex: This property is a duplex offering immediate and ongoing cash flow, with one 2-bedroom unit already tenant-occupied at $2,900/month, providing stable income.
Separately Metered Utilities: Each unit features individually metered utilities, with tenants responsible for their own usage, significantly reducing owner expenses and simplifying property management.
Vacant Unit for Flexibility: One 1-bedroom unit is currently vacant, offering immediate flexibility for a new owner to set market rent, occupy it, or renovate without tenant disruption, maximizing income potential.
Desirable Rental Location: Strategically located near local schools, shopping, and freeway access, ensuring consistent tenant demand and making it a consistently desirable rental location.
Dual-Use Potential: The property appeals to a broad buyer pool, suitable for both portfolio growth as an investment and as a dual-use residence for an owner-occupant seeking rental income.

Cons

Age of Property: Built in 1923, the property is over a century old, which may imply potential for outdated systems (plumbing, electrical) and higher capital expenditures for maintenance or upgrades.
Recent Failed Escrow: The property is 'back on the market' due to a previous buyer's non-performance, which can sometimes raise questions or concerns for new potential buyers, regardless of the stated reason.
Modest Unit Sizes: With a total of 1208 sqft for a 2-bedroom and a 1-bedroom unit, the property offers relatively modest living spaces, which could limit rental income ceiling or appeal to tenants requiring larger accommodations.

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