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2205 N Pannes Avenue, Compton, California 90221, Compton, 90221 - 4 bed, 3 bath

2205 N Pannes Avenue, Compton, California 90221 home-pic-0
ACTIVE$700,000
2205 N Pannes Avenue, Compton, California 90221
4Beds
3Baths
2,462Sqft
6,427Lot
Year Built
1947
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$284
HOA
-
Days on market
-
Sold On
-
MLS number
25522157
Home ConditionPoor
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 4 Cons,5 Pros. Rank: price - $700.0K(78th), sqft - 2462(94th), beds - 4(83th), baths - 3(88th).

Gorgeous fixer for sale on a quiet street in Compton! This large, two-story home just oozes with good energy and potential. This home has been added onto throughout the years very tastefully, and with some elbow grease, can be made into the talk of the town. Each bedroom is spacious and your backyard is the perfect size to relax in and still have space for your pets to enjoy. The driveway is long and can comfortably fit a good number of cars, and there is no struggle to find parking on the street, should you have guests over. The two-car garage has been converted into a mixed-use living/working space decked-out with flooring, its own bathroom, and several outlets for electricity. You don't want to miss your opportunity to own this Compton gem! Contact the Listing Agent for more information on this home soon because this home will NOT last!

Price History

Date
Event
Price
09/09/25
Sold
$664,000
06/30/25
Sold
$510,000
Condition Rating
Poor
This property, built in 1947, is explicitly marketed as a 'gorgeous fixer' requiring 'extensive renovation' and 'elbow grease.' The images confirm severely outdated kitchens and bathrooms with old cabinets, appliances, fixtures, and flooring. General interior finishes, including carpets and light fixtures, also appear very dated and worn. Given its age and the need for substantial repairs and rehabilitation across major components, including likely system replacements due to 'age-related maintenance concerns,' the property falls into the 'poor' condition category, requiring significant investment to bring it to modern standards.
Pros & Cons

Pros

Renovation Potential: Marketed as a 'gorgeous fixer' with 'good energy and potential,' this property offers significant upside for value appreciation through strategic renovation and modernization.
Versatile Converted Garage: The two-car garage has been thoughtfully converted into a mixed-use living/working space, complete with flooring, a bathroom, and electricity, providing immediate flexible use or strong Accessory Dwelling Unit (ADU) potential.
Generous Living Space: Boasting a substantial 2462 sqft across two stories and spacious bedrooms, the home provides ample room for comfortable family living and various lifestyle needs.
Abundant Parking: The property features a long driveway capable of accommodating multiple vehicles, complemented by readily available street parking, a significant convenience for residents and guests.
Desirable Location Attributes: Situated on a quiet street in Compton, the home offers a peaceful residential environment and includes desirable city lights views.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-09. The sold price is $664,000.00. The property was recently sold within the past year on 2025-06-30. The sold price is $510,000.00.
Extensive Renovation Required: Explicitly described as a 'fixer' needing 'elbow grease,' the property will require a substantial investment in time, capital, and effort for necessary upgrades and repairs to reach its full potential.
Significant Price Discrepancy: The listing price of $700,000 is considerably higher than the estimated property value of $378,647.59, indicating a potential overvaluation that may necessitate a strong justification or price adjustment.
Age-Related Maintenance Concerns: Built in 1947, the home's age suggests the likelihood of outdated systems and components, potentially leading to unforeseen maintenance issues and higher renovation costs to meet modern standards and codes.

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