About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,6 Pros. Rank: price - $570.0K(41th), sqft - 624(10th), beds - 2(31th), baths - 1(50th).

Probate Sale-Investor Opportunity - IMAGINATION is what it takes! 2 bedrooms, 1 bath fixer single family home, great opportunity for something very special, zoning is R-3, and the lot size is 7,794 square ft. add an ADU or? This property is in a wonderful location close to Martin Luther King Jr. Hospital, shopping centers and easy access to Downtown Los Angeles, 105, 10 and the 110 freeway. 7-unit property next door at 12116 So. Willowbrook Ave also for sale and 12106 So. Willowbrook Ave 6-units for sale also, greater potential if all bought together. Because this is a probate property don't let this opportunity pass you by, probate is easier than you think, let me help you! Call me today!

Condition Rating

Poor

Built in 1941, this property is explicitly described as a 'fixer' and requires substantial repairs and rehabilitation. The exterior images show significant deferred maintenance, including peeling paint and worn siding, and the presence of a window AC unit suggests outdated systems. Without interior photos, it's highly probable that the kitchen, bathroom, and other internal components are severely outdated and require complete renovation.

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 = 7797, living area = 624.

Development Potential (R-3 Zoning & Large Lot): The R-3 zoning combined with a substantial 7,794 sq ft lot provides excellent potential for multi-unit development or adding an Accessory Dwelling Unit (ADU).

Strategic Location & Accessibility: Positioned conveniently near Martin Luther King Jr. Hospital, shopping centers, and major freeways (105, 10, 110), offering easy access to Downtown Los Angeles.

Investor-Friendly Probate Sale: As a probate sale, it often presents a motivated seller and a streamlined acquisition process, making it an attractive opportunity for experienced investors.

Adjacent Portfolio Expansion Opportunity: The availability of neighboring 7-unit and 6-unit properties for sale offers a unique chance to acquire a larger land assembly or multi-property portfolio.

High Demand for Redevelopment: The property's characteristics align well with current market demand for urban infill development and increased housing density, promising strong future value.

Cons

Extensive Renovation Required: Explicitly described as a 'fixer,' the 1941-built home will necessitate significant capital investment and extensive renovations to modernize and enhance its value.

Undersized Existing Structure: The current 624 sq ft, 2-bedroom, 1-bath layout is considerably small, limiting its immediate appeal and functionality without substantial expansion or redevelopment.

Overpriced Relative to Market Estimate: The list price of $570,000 is 20% above the estimated property value of $452,778.67, indicating a potential overvaluation that may require price adjustment or strong justification.

About this home

Pros

Cons

Best solution for experienced home buyers!

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12120 S Willowbrook Avenue, Compton, California 90222, Compton, 90222 - 2 bed, 1 bath

About this home

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI