917 W 130th, Compton, California 90222, Compton, 90222 - 3 bed, 2 bath
ACTIVE$540,000
917 W 130th, Compton, California 90222
3Beds
2Baths
1,560Sqft
9,475Lot
Price Vs. Estimate
The estimated value ($540,000) is $0 (0%) lower than the list price ($540,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9475, living area = 1560.
Top Cons:
Cash Only Sale: The property is explicitly listed as a 'CASH ONLY SALE,' which significantly restricts the potential buyer pool and financing options.
Compared to the nearby listings
Price:$540.0K vs avg $600.0K ($-60,000)37%
Size:1,560 sqft vs avg 1,121 sqft73%
Price/sqft:$346 vs avg $5238%
More Insights
Built in 1941 (84 years old).
Condition: Built in 1941, this property requires substantial repairs and rehabilitation. The listing explicitly states it 'needs some TLC and elbow grease' and is a 'CASH ONLY SALE,' indicating significant condition issues that prevent traditional financing. Images reveal an extremely outdated kitchen with very old appliances, damaged flooring, and exposed electrical. Bathrooms appear to be stripped to the studs with exposed plumbing and wiring, necessitating major system overhauls. Other rooms feature old, stained carpets, stripped subfloors, and outdated fixtures. The exterior shows significant deferred maintenance and the backyard contains debris and damaged structures. All major components are either non-functional, severely outdated, or require extensive replacement.
Year Built
1941
Close
-
List price
$540K
Original List price
$600K
Price/Sqft
$346
HOA
-
Days on market
-
Sold On
-
MLS number
DW25220462
Home ConditionPoor
Features
ViewCity Lights,Neighborhood
About this home
Mid-Century Modern Opportunity in Richland Farms Compton!!!(((CASH ONLY SALE))) Discover the potential of this mid-century modern-style home featuring three bedrooms, two bathrooms, plus a bonus room—perfect as an additional bedroom, office, or flex space. Situated on a spacious 9,475 sq ft lot, the property offers the unique possibility of adding another home or expanding the current structure (buyer to verify). Located in the highly desirable Richland Farms area of Compton, this property is ideal for those looking to invest in a vibrant, friendly community. While the home does need some TLC and elbow grease, it presents a fantastic opportunity for seasoned investors or first-time investor looking to restore and reimagine a classic home with strong bones. Bring your vision and make this property shine again!
Condition Rating
Poor
Built in 1941, this property requires substantial repairs and rehabilitation. The listing explicitly states it 'needs some TLC and elbow grease' and is a 'CASH ONLY SALE,' indicating significant condition issues that prevent traditional financing. Images reveal an extremely outdated kitchen with very old appliances, damaged flooring, and exposed electrical. Bathrooms appear to be stripped to the studs with exposed plumbing and wiring, necessitating major system overhauls. Other rooms feature old, stained carpets, stripped subfloors, and outdated fixtures. The exterior shows significant deferred maintenance and the backyard contains debris and damaged structures. All major components are either non-functional, severely outdated, or require extensive replacement.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9475, living area = 1560.
Large Lot Size & Development Potential: The property boasts a spacious 9,475 sq ft lot, offering unique potential for adding another home or expanding the current structure (buyer to verify).
Desirable Location: Located in the highly desirable Richland Farms area of Compton, known for its vibrant and friendly community.
Mid-Century Modern Appeal: A classic mid-century modern style home with strong bones, appealing to buyers looking to restore and reimagine a vintage property.
Flexible Living Space: Includes a bonus room, providing versatile use as an additional bedroom, office, or flex space to suit various needs.
Investment Opportunity: Presents a fantastic opportunity for both seasoned and first-time investors to capitalize on a property with significant upside potential after renovation.
Cons
Cash Only Sale: The property is explicitly listed as a 'CASH ONLY SALE,' which significantly restricts the potential buyer pool and financing options.
Requires Extensive Renovation: The home needs considerable 'TLC and elbow grease,' indicating a substantial investment in time, effort, and capital for necessary repairs and upgrades.
Age of Property & System Updates: Built in 1941, the property is likely to require updates to major systems such as plumbing, electrical, and HVAC, which could incur considerable costs.