1609 N Pearl, Compton, California 90221, Compton, 90221 - 2 bed, 1 bath
ACTIVE$524,900
1609 N Pearl, Compton, California 90221
2Beds
1Bath
968Sqft
4,956Lot
Year Built
1926
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$542
HOA
-
Days on market
-
Sold On
-
MLS number
MB25271374
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 9% below the list price. We found 4 Cons,5 Pros. Rank: price - $524.9K(12th), sqft - 968(23th), beds - 2(36th), baths - 1(48th).
INVESTOR SPECIAL! Cash Buyers Only-Quick Close- AS-IS seller will make no repairs or credits. Ideal value-add project with solid upside potential. Cash offers only with proof of funds. Fast close preferred. Serious investors only!
Price History
Date
Event
Price
12/16/25
Price Change
$524,900-0.0%
12/05/25
Listing
$525,000
11/12/25
Sold
$325,000
Condition Rating
Poor
Built in 1926, this property is nearly 100 years old and is explicitly marketed as an 'INVESTOR SPECIAL' sold 'AS-IS' with no repairs or credits, indicating significant deferred maintenance. The exterior image shows severe neglect, weathered siding, an old roof, and an overgrown yard. The property analysis confirms its 'Advanced Age' and suggests 'outdated systems (plumbing, electrical, HVAC) and higher renovation costs.' The requirement for cash buyers further implies the property's condition would not qualify for traditional financing. While it's presented as a 'value-add project' for renovation rather than demolition, it clearly requires substantial repairs and rehabilitation, aligning with a 'poor' condition score.
Pros & Cons
Pros
Value-Add Potential: Explicitly marketed as an 'INVESTOR SPECIAL' and 'ideal value-add project with solid upside potential,' appealing to buyers looking to renovate and increase equity.
Desirable Property Type: As a Single Family Residence (SFR), the property offers privacy and land ownership, generally a sought-after asset class.
Generous Lot Size: The 4956 sqft lot provides ample space for potential expansion, landscaping, or the addition of outdoor amenities, enhancing its long-term value.
Established Location: Situated in Compton, a Southern California city, the property benefits from regional market dynamics and potential for appreciation as the area continues to develop.
Streamlined Transaction Preference: The seller's preference for 'Cash Buyers Only' and 'Quick Close' can facilitate a fast and uncomplicated acquisition process for suitable investors.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-11-12. The sold price is $325,000.00.
As-Is Condition & No Repairs: The property is sold 'AS-IS' with no seller repairs or credits, indicating potential for significant deferred maintenance and requiring substantial buyer investment.
Limited Buyer Pool: Restricting offers to 'Cash Buyers Only' severely narrows the market, excluding a large segment of potential purchasers who rely on financing.
Advanced Age of Property: Built in 1926, the home is nearly a century old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and higher renovation costs.