805 S Crane Avenue, Compton, California 90221, Compton, 90221 - 3 bed, 2 bath

805 S Crane Avenue, Compton, California 90221 home-pic-0
ACTIVE$734,900
805 S Crane Avenue, Compton, California 90221
3Beds
2Baths
1,912Sqft
6,391Lot
Year Built
1929
Close
-
List price
$735K
Original List price
$775K
Price/Sqft
$384
HOA
-
Days on market
-
Sold On
-
MLS number
OC25104406
Home ConditionFair
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $734.9K(36th), sqft - 1912(50th), beds - 3(91th), baths - 2(82th).

!!! PRICE REDUCTION !!! - Duplex in the City of Compton. This is a Probate Sale with Full Authority, so no court confirmation is needed. Great 1,910 sqft, 3/2 Spanish style property with Studio unit in the rear. The main house features all new plumbing and has been remodeled, including a new kitchen. The bathroom has a new vanity, paint, and a lovely original tile floor. The 2nd unit features a full bath, a tub, a large kitchen, and ample closet space. The rental potential is fantastic. The main house is estimated to rent for $3,900 to $4,200, and the second unit would rent for around $1,800. Whether looking at the house as an income stream or a family home, you are at the right property! There is potential to convert the second unit to an Accessory Dwelling Unit (ADU) for even greater income. 2-car garage and attached separate laundry room for ease of living.

Condition Rating
Fair

The property was built in 1929. The main house kitchen and bathroom have been remodeled, but the second unit's kitchen appears outdated with older appliances. The main house has new plumbing. The original tile floor in the main house bathroom is a nice feature. Overall, the property shows signs of age but has been maintained with some updates. The condition is fair, requiring some updates to bring it to modern standards, especially in the second unit.
Pros & Cons

Pros

Income Potential: Duplex with a studio unit offers excellent rental income potential, estimated at $3,900-$4,200 for the main house and $1,800 for the second unit.
Remodeled Main House: The main house features new plumbing and a remodeled kitchen, enhancing its appeal and functionality.
ADU Potential: Opportunity to convert the second unit into an Accessory Dwelling Unit (ADU) for increased income generation.
Probate Sale: Probate sale with full authority, eliminating the need for court confirmation and streamlining the transaction process.
Separate Laundry Room: Attached separate laundry room provides convenience for tenants or homeowners.

Cons

Age of Property: Built in 1929, the property may require ongoing maintenance and potential upgrades due to its age.
Compton Location: The property's location in Compton may be a deterrent for some buyers due to perceived safety or desirability concerns.
Unknown Condition of Studio Unit: The description provides less detail about the condition and upgrades of the studio unit compared to the main house, potentially requiring further inspection and investment.

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