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910 W Palmer Street, Compton, California 90220, Compton, 90220 - 5 bed, 3 bath

910 W Palmer Street, Compton, California 90220 home-pic-0
ACTIVE$780,000
910 W Palmer Street, Compton, California 90220
5Beds
3Baths
2,167Sqft
4,995Lot
Year Built
1950
Close
-
List price
$780K
Original List price
$780K
Price/Sqft
$360
HOA
-
Days on market
-
Sold On
-
MLS number
SB24130422
Home ConditionPoor
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 53% below the list price. We found 3 Cons,5 Pros. Rank: price - $780.0K(91th), sqft - 2167(97th), beds - 5(92th), baths - 3(85th).

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.

Price History

Date
Event
Price
12/31/08
Sold
$320,000
12/15/98
Sold
$145,000
Condition Rating
Poor
Built in 1950, this property is explicitly marketed as having 'great potential for upgrades' and is an 'Investors Dream,' indicating a need for substantial renovation. The property analysis confirms 'Requires Extensive Upgrades' and highlights a 'Dated Kitchen Design.' While no interior photos are provided, the exterior images show significant deferred maintenance, including a weathered facade and severely deteriorated, potentially unsafe exterior stairs. The kitchen and bathrooms are likely original or very old, requiring complete modernization. This property needs significant rehabilitation to meet current living standards.
Pros & Cons

Pros

Investment & ADU Potential: Explicitly marketed as 'An Investors Dream!' with 'great potential for upgrades' and 'space for an ADU above the garage,' offering significant value-add opportunities for rental income or extended family living.
Spacious Floor Plan: Features a 'spacious living room,' 'large family room,' and a 'spacious master bedroom,' providing ample living space with 5 bedrooms and 3 bathrooms across 2167 sqft.
Prime Location & Accessibility: Situated in a 'fabulous location in the up and coming city of Compton,' offering walking distance to amenities (eateries, markets, schools) and easy access to freeways, public transportation, and a local golf course.
Distinct Architectural Style: Described as a 'beautiful contemporary Spanish-style home,' which can appeal to buyers looking for character and curb appeal.
Functional Layout with Multiple Living Areas: Includes a living room with a fireplace, a dining room, and a large family room, offering diverse spaces for relaxation and entertainment.

Cons

Significant Overpricing: The list price of $780,000 is substantially higher than the property's estimated value of $360,969.275, indicating a potential overvaluation that could deter buyers or complicate financing.
Requires Extensive Upgrades: The description highlights 'great potential for upgrades' and the 1950 build year, suggesting the property likely requires significant renovation and modernization to meet current market expectations, incurring additional costs for the buyer.
Dated Kitchen Design: The 'galley style kitchen' with 'plenty of cabinet space and room for a breakfast nook' may be perceived as outdated compared to modern open-concept designs, potentially requiring a remodel.

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