910 W Palmer Street, Compton, California 90220, Compton, 90220 - 5 bed, 3 bath
910 W Palmer Street
Compton, California 90220
Property Price
SUMMARY
Analysis of 910 W Palmer Street, Compton, California 90220 reveals a Fairly Priced Property with a current list price of $780,000 aligned with the estimated $780,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Compton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 910 W Palmer Street Subject | $780,000* List Price | 5 | 3 | 2,167 | $360 | - |
A 957 W Myrrh Sold | $700,000 | 4 | 1 | 1,837 | $381 | 0.4 mi |
B 1612 W Poplar Street Sold | $655,000 | 3 | 2 | 1,621 | $404 | 0.6 mi |
C 446 W Cedar Street Active | $785,000 List Price | 5 | 3 | 2,420 | $324 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950, this property is aged and requires significant modernization, particularly in the 'galley style kitchen' which is noted as dated. While described as a 'warm and wonderful home' with 'potential for upgrades,' the lack of recent major renovations and the need for substantial capital investment to meet contemporary standards align with the 'Fair' condition criteria. The exterior images also suggest an older property with some deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Investment & ADU Potential
The property is highlighted as an 'investor's dream' with significant potential for upgrades and the addition of an Accessory Dwelling Unit (ADU) above the garage, offering future value appreciation and income opportunities.
- Spacious Living Areas
Features a generous 2167 sqft with 5 bedrooms and 3 bathrooms, including a large family room, living room with a fireplace, and a master suite, providing ample space for a large family or multiple occupants.
- Prime Location & Accessibility
Situated in an 'up and coming' area of Compton, offering walking distance to local amenities like eateries, markets, and schools, with easy access to freeways, public transportation, and a golf course.
CONSRISKS & DEFICIENCIES
- Age and Need for Modernization
Built in 1950, the property likely requires significant updates to its systems, finishes, and overall aesthetic to meet contemporary buyer expectations, implying substantial renovation costs.
- Galley Style Kitchen
The described 'galley style kitchen' may be considered dated and less desirable by modern buyers who often prefer open-concept or larger, more integrated kitchen spaces.
- Significant Capital Investment Required
Positioned as an 'investor's dream' with 'potential for upgrades,' it implies that a new owner will need to allocate significant capital for renovations and improvements to fully realize the property's value.
About 910 W Palmer Street
An Investors Dream! A beautiful contemporary Spanish-style home with awesome potential. The first floor features a lovely, spacious living room with a fireplace and a dining room that leads to a large family room. The galley style kitchen features plenty of cabinet space and room for a breakfast nook.. Off the kitchen a hallway that leads to 2 bedrooms and a full bathroom. The second floor has 2 rooms and a full bath , the spacious master bedroom features a full bathroom and plenty of closet space. Fabulous location in the up and coming city of Compton, walking distance to eateries, local markets and schools.. Easy access to freeways, public transportation, and a local golf course. This is truly a warm and wonderful home with great potential for upgrades and space for an ADU above the garage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 4,995 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 86% |
| Square foot | 2,167 | 1,166.5 | 95% |
| Lot Size | 4,995 | 5,501 | 9% |
| Price | $780.0K | $662.5K | 89% |
| Price per sq ft | $360 | $561 | 5% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 618 | 185 | 0% |
Pricing History
Listed for Sale
Jun 26, 2024
$780,000
Initial Listing
Sold
Dec 31, 2008
$320,000
Public Record
Sold
Dec 15, 1998
$145,000
Public Record