Huge price adjustment. Rare fixer opportunity in Inglewood! Your dream home, your way. An impressive 2097 sq.ft., two-story, 5-bedroom home sits on a large 7,784 sq.ft. flat 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. Don’t miss out on this one.
For sale
Listing Provided by:
Alec Petrossian DRE #01864433 818-613-5471,
Alex Hartounian
Price cut: $36K (7/26)
$649,000
332 W Laurel St, Compton, CA 90220
5beds
2,097sqft
Est.:
Single Family Residence
Built in 1938
7,784 Square Feet Lot
$658,800 Zestimate®
$309/sqft
$-- HOA
What's special
Future expansion
- 78 days
- on Zillow |
- 1,436 |
- 100 |
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 11:41am
Listing Provided by:
Alec Petrossian DRE #01864433 818-613-5471,
Alex Hartounian
Source: CRMLS,MLS#: SR25109963
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Living Room
Cooling
- See Remarks
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,097 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: street
- Pool features: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 7,784 Square Feet
- Features: Back Yard
Details
- Parcel number: 6160004006
- Zoning: COR3*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Compton
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $495,230
- Annual tax amount: $9,129
- Date on market: 5/16/2025
- Listing terms: 1031 Exchange
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