1201 S Grandee Avenue
Compton, CA, 90220
$650,000
MLS: 26645639
Beds
3
Baths
2
Sq Ft
1,289
Lot
0.24 ac
Year Built
1948
MLS #
26645639
Days on Market
76
Listed
Jan 29, 2026
Description
1201 S Grandee Ave offers a 3-bedroom, 2-bath home with 1,289 sq ft of living space on a generous 10,599 sq ft lot. The property features a functional floor plan and ample outdoor space, providing flexibility for future improvements or expansion (buyer to verify). The home is in need of cosmetic updates, presenting a great opportunity for buyers looking to personalize or add value. Conveniently located near local shopping, dining, schools, and major commuter routes in the heart of Compton. Ideal for owner-occupants or investors seeking potential upside.
Location
Compton, Los Angeles County, CA 90220
Open on Google Maps ↗Listed by: Maiyah Jimenez · Real Broker
Payment estimate
$4,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
- Principal & Interest
- $3,594
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Compton home with as little as 3.5% down using an FHA loan — roughly $22,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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