ActiveSingleFamilyResidence

1218 W 138th Street

Compton, CA, 90222

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$625,000

MLS: 26816385

Beds

3

Baths

1

Sq Ft

1,138

Lot

0.12 ac

Year Built

1951

MLS #

26816385

Days on Market

8

Listed

Apr 27, 2026

Description

Probate/Trust sale 50% 50% interest. Fixer-upper with significant deferred maintenance, sold strictly as-is. Great opportunity for investors or buyers looking to renovate and add value. Single-story ranch-style home featuring 3 bedrooms and 1 bathroom on a spacious lot with strong upside potential. Buyer to verify all information and conduct their own due diligence. Full Authority

Location

Compton, Los Angeles County, CA 90222

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Listed by: Charles Grimes · Team Equity L.A. Property

Payment estimate

$4,744

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500

%
Principal & Interest
$3,559
Property tax (1.25%)
$651
Homeowners insurance
$300
Mortgage insurance
$234
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $21,875 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.