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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
    : 
    Single Family Residence
    Built in 1938
    7,784 Square Feet Lot
    $658,800 Zestimate®
    $309/sqft
    $-- HOA

    What's special

    Future expansion
    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.
    78 days
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    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#: SR25109963MLS LogoOriginating MLS: California Regional MLS
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    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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