316 N Maie Avenue, Compton, California 90220, Compton, 90220 - bed, bath

316 N Maie Avenue, Compton, California 90220 home-pic-0
ACTIVE$1,100,000
316 N Maie Avenue, Compton, California 90220
0Bed
0Bath
2,078Sqft
5,256Lot
Year Built
1950
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
CV25144277
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(73th), sqft - 2078(45th), beds - undefined(50th), baths - undefined(50th).

Exceptional Income Property Opportunity in Compton – Fully Rented Duplex with ADU! An outstanding investment opportunity awaits in the heart of Los Angeles! This recently upgraded duplex, improved by a hands-on owner-builder, includes a permitted Accessory Dwelling Unit (ADU)—bringing the total to *three fully occupied units*. Rarely does a property offering immediate rental income and long-term growth potential become available in such a prime location. Centrally located in a high-demand neighborhood of Compton, this fourplex delivers convenience and connectivity with nearby access to major freeways, public transit, shopping centers, restaurants, and everyday amenities. Ideal for investors or owner-occupants seeking supplementary income, each unit offers a unique blend of functionality, comfort, and charm. The property features a low-maintenance stucco exterior, a durable concrete driveway, and a layout designed for minimal upkeep and maximum income. Highlights: - Three fully rented units with stable income - Recently improved by owner-builder - Centrally located with excellent access to amenities - Low-maintenance exterior and driveway - Great potential for long-term returns Drive by only

Price History

Date
Event
Price
07/07/25
Listing
$1,100,000
02/03/17
Sold
$8,000
02/03/17
Sold
$8,000
02/03/17
Sold
$8,000
10/24/16
Sold
$55,000
10/13/16
Sold
$45,000
Condition Rating
Fair

The property, built in 1950, shows evidence of recent exterior upgrades, including a new-looking roof, fresh stucco, and updated windows, suggesting good maintenance. However, the listing explicitly states 'Drive by only' and provides no interior images. This lack of interior visibility, especially for kitchens and bathrooms, makes it impossible to assess their condition, style, and features. Given the property's age and the absence of interior photos, it's highly probable that the interior units, particularly kitchens and bathrooms, require minor to moderate updates or repairs to meet current quality standards, aligning with a 'Fair' condition score.
Pros & Cons

Pros

Immediate Income & Occupancy: The property features three fully occupied units, providing stable and immediate rental income for investors.
Permitted ADU Inclusion: The presence of a permitted Accessory Dwelling Unit (ADU) significantly enhances rental potential and overall property value.
Recent Owner-Builder Improvements: Recently upgraded by a hands-on owner-builder, suggesting the property is in good condition with quality improvements.
Prime Central Location: Centrally located in a high-demand Compton neighborhood with excellent access to major freeways, public transit, and local amenities.
Low Maintenance Design: Features a low-maintenance stucco exterior and durable concrete driveway, designed for minimal upkeep and reduced operational costs.

Cons

Limited Due Diligence (Drive-by Only): The 'Drive by only' instruction prevents potential buyers from conducting thorough interior inspections, posing a significant risk for assessing current condition.
Property Age: Built in 1950, the property's age may lead to concerns about the condition of original major systems (e.g., plumbing, electrical, roof) despite recent upgrades.
Conflicting Unit Count Information: The description refers to the property as a 'fourplex' while the official sub_type is 'Triplex,' creating ambiguity regarding the actual number of income-producing units.

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