#SB24130422, Alvin Brown, Listing Office: Advanced Realty Solutions
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332 W Laurel St Compton, CA 90220
Property details
About 332 W Laurel St
This 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. This is exceptional potential for builders and developers. Don’t miss out on this opportunity!
Highlights
Summary
- MLS Number: SR25030910
- MLS Name: CRMLS
- Office Name: Alex Hartounian
- Office Phone: (818) 613-5471
- Listing Agent: Alec Petrossian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$729,000
332 W Laurel St
$8,657
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 16, 2021 | Home Sold | $476,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $495,230 | $9,129 |
2023 | $485,520 | $8,640 |
2022 | $476,000 | $8,140 |
2021 | $34,368 | $1,126 |
2020 | $34,017 | $1,102 |
2019 | $33,351 | $981 |
2018 | $32,698 | $965 |
2017 | $32,058 | $965 |
History based on county public records data.
Nearby schools
5
Rosecrans Elementary School
Public District KG-6
0.8 mi
•1301 N Acacia Ave
7
Augusta A. Mayo Elementary School
Public District KG-5
1.1 mi
•915 N Mayo Ave
4
Ralph Waldo Emerson Elementary School
Public District PK-6
1.1 mi
•1011 E Caldwell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,205. Most Compton, CA residents have annual incomes less than $<35k. The most common type of family is single, with kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 332 W Laurel St
This home is located at 332 W Laurel St in Compton, CA and zip code 90220 in the The Southeast neighborhood. This 2,097 square foot home, which was built in 1938, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $729,000.
In February 2025, from all listings sold in Compton, CA there were more than 15 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price. The number of listings in Compton, CA decreased by 3.6% between January and February 2025. The median list price of listings available in February 2025 was $640,000, while the average time on the real estate market was 23 days.