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123 E Alondra Boulevard, Compton, California 90220, Compton, 90220 - bed, bath

123 E Alondra Boulevard, Compton, California 90220 home-pic-0
ACTIVE$554,000
123 E Alondra Boulevard, Compton, California 90220
0Bed
0Bath
864Sqft
3,448Lot
Year Built
1949
Close
-
List price
$554K
Original List price
$645K
Price/Sqft
$641
HOA
-
Days on market
-
Sold On
-
MLS number
DW25037570
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $554.0K(9th), sqft - 864(9th), beds - undefined(50th), baths - undefined(50th).

*****Will be delivered With NO TENANTS…READY FOR NEW OCCUPANTS****Charming & Fully Renovated Duplex – Perfect for Investors or First-Time Buyers! This move-in ready, fully renovated duplex in Compton is an incredible opportunity for both seasoned investors and first-time homebuyers! With two attached one-bedroom, one-bath units totaling 864 square feet, this property is designed for maximum efficiency and cozy living. For investors, this duplex is priced to sell and offers immediate cash flow, with one unit already occupied by a tenant paying top-dollar market rent. The second unit is expected to be vacant within 60 days and can be negotiated to be delivered vacant at closing—giving you flexibility in occupancy and rental strategy. For first-time buyers, this is the perfect chance to offset your mortgage by living in one unit while renting out the other! Take advantage of rental income to make homeownership more affordable while building equity in a thriving market. With modern updates and renovations already completed, there’s little to no cost for additional improvements—just move in and start enjoying your new property. This is a rare find that won’t last long! Whether you’re expanding your investment portfolio or stepping into homeownership, don’t miss this high-demand duplex. Act fast and schedule your showing today!

Price History

Date
Event
Price
01/20/22
Sold
$545,000
02/24/15
Sold
$235,000
06/03/09
Sold
$120,000
Condition Rating
Excellent
Despite being built in 1949, the property has undergone a full and recent renovation, as stated in the description and evidenced by the images. The interiors feature new, modern laminate flooring, fresh paint, and contemporary light fixtures. The kitchen boasts new shaker-style cabinets, modern countertops, and a sleek faucet. The bathroom is fully updated with modern marble-look tile in the shower, new fixtures, and a contemporary vanity. The presence of mini-split AC units indicates a modern and efficient cooling/heating system. All visible components appear new or virtually new, meeting current quality standards and presenting as move-in ready with no immediate improvements needed.
Pros & Cons

Pros

Dual Income Potential: As a duplex, the property offers excellent income potential for investors or the opportunity for first-time buyers to offset their mortgage by living in one unit and renting out the other.
Turnkey Condition: The property is described as 'fully renovated' with 'modern updates' and 'little to no cost for additional improvements,' making it move-in or rent-ready for new occupants.
Vacant Delivery: The property will be delivered with no tenants, providing the new owner with immediate flexibility to occupy both units or select new tenants at current market rates.
Significant Price Adjustment: The current list price of $554,000 is a substantial reduction from the original list price of $645,000, indicating a more competitive offering in the market.
Investment Appeal: Explicitly marketed for both seasoned investors seeking immediate cash flow and first-time buyers looking to build equity in a described 'thriving market'.

Cons

Compact Unit Sizes: With two 1-bedroom, 1-bath units totaling 864 square feet, each unit is quite small (approximately 432 sqft), which may limit the tenant pool or potential rental income compared to larger units.
Age of Property: Built in 1949, despite renovations, the underlying structure and major systems (e.g., plumbing, electrical, roof) may still be original or older, potentially leading to future maintenance concerns if not fully updated.
Location Perception: While the description highlights a 'thriving market,' the city of Compton may carry a certain perception that could influence desirability for some buyers or tenant demographics, potentially affecting long-term appreciation or rental demand.

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