8913 Compton Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 6 bed, 2 bath
ACTIVE$699,000
8913 Compton Avenue, Los Angeles, California 90002
6Beds
2Baths
1,560Sqft
4,202Lot
Year Built
1926
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$448
HOA
-
Days on market
-
Sold On
-
MLS number
SR25058456
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 54% below the list price. We found 4 Cons,5 Pros. Rank: price - $699.0K(80th), sqft - 1560(83th), beds - 6(96th), baths - 2(50th).
8913 Compton Ave is a charming duplex located in Los Angeles, CA, built in 1926. This property offers a total of 6 bedrooms and 2 bathrooms, with a spacious interior of 1,560 square feet. Situated on a 4,202 square foot lot, it provides ample space for outdoor activities or potential landscaping projects. The property is designed with all bedrooms on the main level, making it convenient and accessible. It features a classic wood construction, reflecting its historical character.
Price History
Date
Event
Price
02/12/25
Sold
$405,000
Condition Rating
Poor
Built in 1926, this property is nearly a century old with no apparent major renovations in many decades. The images reveal a severely outdated and neglected kitchen/utility area with old, worn cabinets, countertops, and appliances, indicating a need for complete replacement. The exterior shows significant deferred maintenance, including peeling paint and overgrown areas. The property analysis confirms the likelihood of requiring 'significant investment in updating major systems (e.g., electrical, plumbing, HVAC) and general renovations.' The low bathroom-to-bedroom ratio (6 beds, 2 baths) also points to functional obsolescence. This property requires substantial repairs and rehabilitation to be safely and comfortably livable, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Duplex Income Potential: As a duplex, the property offers significant potential for rental income from two separate units, appealing to investors or owner-occupants seeking supplementary income.
High Bedroom Count: With 6 bedrooms, the property can accommodate a large family or multiple tenants, maximizing its utility and potential rental yield.
Generous Lot Size: The 4,202 sqft lot provides ample outdoor space for landscaping, recreation, or potential future expansion (subject to zoning).
Historical Charm & Character: Built in 1926 with classic wood construction, the property possesses unique historical charm that can be a draw for buyers appreciating vintage aesthetics.
Convenient Single-Level Layout: All bedrooms being on the main level offers practical accessibility and a desirable floor plan for many occupants.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-02-12. The sold price is $405,000.00.
Significant Price Discrepancy: The list price of $699,000 is substantially higher than the estimated value of $316,056, suggesting potential overpricing or a need for a thorough appraisal to justify the asking price.
Extensive Age-Related Upgrades Likely: Built in 1926, the property is nearly a century old, indicating a high probability of requiring significant investment in updating major systems (e.g., electrical, plumbing, HVAC) and general renovations.
Low Bathroom-to-Bedroom Ratio: With 6 bedrooms and only 2 bathrooms, the property has a very low bathroom ratio, which could lead to inconvenience for multiple occupants and may necessitate costly additions or reconfigurations.