123 N Magnolia Court, Compton, California 90220, Compton, 90220 - 1 bed, 1 bath

ACTIVE$500,000
123 N Magnolia Court, Compton, California 90220
1Bed
1Bath
575Sqft
3,994Lot
Year Built
1950
Close
-
List price
$500K
Original List price
$50K
Price/Sqft
$870
HOA
-
Days on market
-
Sold On
-
MLS number
RS25178732
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $500.0K(6th), sqft - 575(1th), beds - 1(1th), baths - 1(42th).
Nice area of Compton, close to shoping centers
Price History
Date
Event
Price
08/08/25
Price Change
$500,000
08/07/25
Listing
$50,000
09/13/06
Sold
$330,000
11/07/03
Sold
$159,000
11/27/02
Sold
$129,000
05/10/02
Sold
$75,000
12/09/94
Sold
$110,000
10/14/94
Sold
$2,000
Condition Rating
Poor
Built in 1950, this property is 74 years old. The single exterior image reveals significant signs of age and deferred maintenance, including a cracked and weed-infested driveway, faded paint, an old-looking roof, and security bars on windows. The overall appearance suggests a lack of recent upkeep. With no interior photos, it's highly probable that the kitchen, bathrooms, and other internal systems are also severely outdated and in poor condition, requiring substantial repairs and rehabilitation to meet modern standards or even basic comfort. This aligns with the 'Poor' condition criteria, indicating significant defects and a need for extensive renovation.
Pros & Cons
Pros
Desirable Location: Situated in a 'Nice area of Compton' with convenient access to shopping centers, enhancing daily living and potential buyer appeal.
Generous Lot Size: A substantial 3,994 sqft lot provides ample outdoor space for recreation, gardening, or potential future expansion of the existing structure.
Single-Family Residence: As a standalone single-family home, it offers privacy, independence, and land ownership, a highly sought-after property type.
Established Neighborhood: Built in 1950, the property is likely part of a mature and stable community, often characterized by developed infrastructure and a sense of permanence.
Investment/Entry-Level Opportunity: Its compact size and location could present an accessible entry point for first-time homebuyers or investors looking to capitalize on the Compton market.
Cons
Limited Living Space: At only 575 sqft, the property offers very compact living quarters, significantly narrowing its appeal to a specific demographic or lifestyle.
Minimal Bedrooms & Bathrooms: With just 1 bedroom and 1 bathroom, the property's functionality and suitability are severely restricted for most families or even couples requiring more space.
Property Age & Potential for Updates: Built in 1950, the home is 75 years old, suggesting a high likelihood of outdated systems (plumbing, electrical) and the need for substantial renovations to meet modern standards and preferences.