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202 N Sloan Avenue, Compton, California 90221, Compton, 90221 - bed, bath

202 N Sloan Avenue, Compton, California 90221 home-pic-0
ACTIVE$760,000
202 N Sloan Avenue, Compton, California 90221
0Bed
0Bath
1,952Sqft
7,204Lot
Year Built
1941
Close
-
List price
$760K
Original List price
$805K
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
DW25089117
Home ConditionPoor
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $760.0K(50th), sqft - 1952(50th), beds - undefined(50th), baths - undefined(50th).

| Are you looking to purchase property to live in and rent? | Here it is! | Family is ready to sell after years of enjoying their Front Single Family Residence | One unit in the back is also occupied by family member | Once you purchase this Triplex, the Front House and 1 back unit will be available for you to start enjoying | House consist of 2 bedrooms it's being used as a 3 bedroom house | When you go to the back you can see a top level over garages Duplex that consist of 1 bedroom 1 bathroom each | Parking consist of Enclosed 2 car garage & 2 single car garage. CHECK WITH CITY OF COMPTON AND SEE IF ATTACHED 2 CAR GARAGE POTENTIALLY TO OBTAIN PERMITS FOR A JUNIOR ADU. Additional parking space between front house and back units | 1,952 SQUARE FT | Lot 7,204 | You will find this great opportunity to own and live in. | Conveniently located to shops, restaurants, transportation and freeway access to 710 fwy. Create lifetime memories entertaining family and friends in this lovely Gem you'll call home!

Price History

Date
Event
Price
08/15/25
Sold
$760,000
08/02/06
Sold
$535,000
05/06/05
Sold
$320,000
07/21/00
Sold
$172,000
Condition Rating
Poor
Built in 1941, this triplex shows significant age and a lack of major renovations. The kitchen, as seen in the images, features very dated cabinets, worn laminate countertops, and old flooring, indicating a need for complete modernization. Other interior spaces also display older finishes and fixtures. While the exterior appears maintained with fresh paint, the overall condition suggests that major systems (plumbing, electrical, HVAC) are likely original or very old, requiring substantial repairs and rehabilitation to meet current standards and comfort levels. The property analysis also highlights the need for 'significant capital expenditure for system updates, renovations, and deferred maintenance'.
Pros & Cons

Pros

Multi-Unit Income Potential: This triplex offers significant income generation opportunities with two units immediately available for owner-occupancy or rental.
ADU Conversion Opportunity: The property explicitly highlights the potential to convert the attached 2-car garage into a Junior ADU, enhancing future value and rental income streams.
Ample Parking Facilities: Features multiple garages (enclosed 2-car, two single-car) and additional parking space, a valuable amenity for a multi-unit property in an urban setting.
Strategic Urban Location: Conveniently located near shops, restaurants, public transportation, and the 710 Freeway, appealing to tenants and providing owner convenience.
Recent Price Adjustment: A notable price reduction from $805,000 to $760,000 suggests a motivated seller and potential for a competitive acquisition.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-15. The sold price is $760,000.00.
Property Age & Potential Updates: Built in 1941, the property is older, likely requiring significant capital expenditure for system updates, renovations, and deferred maintenance to maximize rental appeal and value.
Non-Conforming Bedroom: The front house is described as a 2-bedroom used as a 3-bedroom, which may indicate a non-permitted conversion or non-conforming space, potentially affecting appraisal or legal occupancy.
Limited Unit Condition Details: The description lacks specific information regarding the current condition, recent upgrades, or rental history of the individual units, necessitating thorough due diligence to assess immediate income potential and required investments.

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