910 W Palmer Street, Compton, California 90220, Compton, 90220 - 5 bed, 3 bath
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Compton, California 90220
This Spacious Value-Add Asset is listed at $780,000, representing a stable entry point at its $780,000 Fair Market Value. Boasting a generous 2,167 sqft layout with 5 bedrooms, this Spanish-style home offers significant forced appreciation through modernization of its Fair Condition interior. The property features a rare ADU potential above the garage and is situated in the Compton Unified district near local amenities and freeways. This high-sqft acquisition is a strategic play for Fix-and-Flip Investors or Contractors looking to capitalize on a high-density renovation project.
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 1616 W Palmer Active | $770,000 List Price | 3 | 2 | 2,292 | $336 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 1.0 | 87% |
| Square foot | 2,167 | 1,157 | 95% |
| Lot Size | 4,995 | 5,736 | 12% |
| Price | $780.0K | $650.0K | 89% |
| Price per sq ft | $360 | $543 | 8% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 665 | 190 | 0% |
Jun 26, 2024
$780,000
Initial Listing
Dec 31, 2008
$320,000
Public Record
Dec 15, 1998
$145,000
Public Record