2631 E 124th Street, Compton, California 90222, Compton, 90222 - 3 bed, 1 bath
ACTIVE$659,000
2631 E 124th Street, Compton, California 90222
3Beds
1Bath
840Sqft
7,242Lot
Year Built
1912
Close
-
List price
$659K
Original List price
$659K
Price/Sqft
$785
HOA
-
Days on market
-
Sold On
-
MLS number
RS25099417
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $659.0K(59th), sqft - 840(28th), beds - 3(50th), baths - 1(50th).
3 bed 2 bath home with some recent upgrades. Large side yard for RV Parking or possible Truck storage . Buyer to check local zoning for room additions. Property is zoned commercial!. Huge 7,248 square foot lot
Price History
Date
Event
Price
09/28/09
Sold
$96,000
07/29/09
Sold
$86,000
04/03/02
Sold
$125,000
05/01/00
Sold
$120,000
Condition Rating
Poor
Built in 1912, this property is over a century old. While the description mentions 'some recent upgrades,' the single exterior image does not provide enough detail to assess the extent of these upgrades, especially for critical areas like the kitchen and bathrooms. The exterior shows signs of age, including a cracked concrete driveway and basic fencing. With only one bathroom for three bedrooms, the property likely suffers from functional obsolescence. Without interior photos or specific details on system updates (electrical, plumbing, HVAC), it's highly probable that major components are significantly outdated and would require substantial repairs and rehabilitation to meet modern safety, comfort, and quality standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7242, living area = 840.
Commercial Zoning: The property is zoned commercial, offering significant flexibility for business use, redevelopment, or mixed-use, which can enhance its investment potential.
Large Lot Size: A generous 7,242 square foot lot provides ample space for expansion, additional structures (e.g., ADU), or commercial development opportunities.
RV/Truck Parking Potential: The large side yard is suitable for RV parking or possible truck storage, a practical feature for certain buyers or commercial operations.
Development Potential: The combination of commercial zoning and a large lot presents strong potential for investors or owner-users looking to maximize property utility through redevelopment or additions.
Recent Upgrades: The property has received 'some recent upgrades,' indicating that it is not entirely in original condition and has benefited from some modernization efforts.
Cons
Significant Overpricing: The list price of $659,000 is substantially higher than the estimated property value of $443,560.27, suggesting it may be overpriced for the current market.
Advanced Age & Small Living Space: Built in 1912, the property is over a century old, and at 840 sqft, it offers a relatively small living space for a 3-bedroom home, potentially requiring extensive modernization and feeling cramped.
Limited Bathroom Count: With only 1 bathroom for a 3-bedroom home, functionality may be limited for families or multiple occupants, potentially impacting daily convenience and resale appeal.