332 W Laurel
Compton, CA 90220
- 5 beds
- 3 baths
- 2,097 sqft
- 7,784 sqft lot
- $328 per sqft
- 1938 build
- – on site
Hurry! Hurry! Incredible investment opportunity! This is exceptional potential for builders and developers. Don’t miss out on this one. An impressive 2097 sq.ft., two-story, 5-bedroom home sits on a large 7,784 sq.ft. lot. The property provides flexibility for remodeling into a custom single-family residence or for future expansion, zoned RH-3 by the City of Compton. The property has strong potential for residential development, including multiple units and an ADU. The sellers have already completed the design, architectural, and engineering processes to divide the property into two units: a 3-bed, 2-bath unit downstairs and a 2-bed, 1-bath unit upstairs. The city has advised that it has approved the plans for such a conversion and that building permits are in Ready to Issue (RTI) status. With its prime RH-3 zoning and building permits reportedly in RTI status, it offers excellent investment potential. This property is being sold as-is, and the sellers intend to sell the property as part of a 1031 exchange.
Last checked:
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Checking…
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Last updated May 18, 2025
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MLS# CRSR25109963 —
The Building
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Year Built:1938
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Building Area Units:Square Feet
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Stories:2
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Levels:Two Story
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Building Area Total:2097
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Building Area Source:Public Records
Interior
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:2097
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Living Area Units:Square Feet
Location
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Directions:West Almond st. , South Olender Ave.
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Exterior Features:Backyard
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Parcel Number:6160004006
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Zoning:COR3
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Lot Size Area:0.1787
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Lot Size Acres:0.1787
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Lot Size SqFt:7784
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (818) 613-5471
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Listing Terms:1031 Exchange
Heating & Cooling
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Cooling:See Remarks
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Laundry Features:Other
Schools
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High School District:Los Angeles Unified
The Community
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Association:false
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# of Units In Community:1
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:2
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Parking Features:Attached
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Covered Spaces:2
Monthly cost estimate
Asking price
$689,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,689
|
| Taxes | N/A |
| Insurance | $189 |
| Utilities | $168 See report |
| Total | $4,046/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/16/25
May 16, 2025
|
Listed / Active | BRIDGE | $689,000 | 44.7% (11.7% / YR) |
|
5/9/25
May 9, 2025
|
Price Changed | CRMLS_CA | ||
|
5/1/25
May 1, 2025
|
Relisted | CRMLS_CA |
45% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $21k above asking price on average, but some went as high as $51k over asking price.
