$700,000
MLS: RS26116563
Beds
2
Baths
1
Sq Ft
1,042
Lot
0.12 ac
Year Built
1947
MLS #
RS26116563
Days on Market
8
Listed
Jun 8, 2026
Description
Here's your chance to build instant equity! This 2 bed/1 bath home is being sold as-is and is ready for a buyer with vision — whether you're a seasoned investor or a first-time buyer looking to put your personal stamp on a home, the bones are solid and the potential is undeniable. The generous 5,400 sq ft lot and classic 1947 construction give you a strong foundation to work with. The real showstopper? A permitted fully independent, move-in ready 1 bed/1 bath ADU (360 sq ft) at 1901 N Grape Ave — complete with its own address, private entrance, kitchenette, full bath, and split A/C — ready to generate rental income while you renovate at your own pace. Located just 20 minutes from Downtown LA, SoFi Stadium, The Forum, and local beaches with easy freeway access to the 91, 710, and 105.
Location
Compton, Los Angeles County, CA 90222
Open on Google Maps ↗Listed by: Bridget Ingram · B. Ingram Realty Inc.
Payment estimate
$5,282
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $630,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,990
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $263
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $24,500 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
See Compton, CA 90222 market trends →
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
Only large teams outsell Mike Watson · Keller Williams Realty
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