315 W Cedar
Compton, CA, 90220
(No pictures available yet)
$422,750
Original list price: $445,000
MLS: MB26052893
Beds
2
Baths
1
Sq Ft
874
Lot
0.11 ac
Year Built
1923
MLS #
MB26052893
Days on Market
40
Listed
Mar 10, 2026
Description
Opportunity knocks! This home offers the perfect chance for buyers, investors, or anyone looking to create a home tailored to their own style and timeline. Situated on a spacious lot, this property provides great potential to expand the existing home or add an ADU (Accessory Dwelling Unit)—ideal for extended family, rental income, or a private guest space (buyer to verify with the City of Compton). The large backyard offers plenty of room to design the outdoor space you’ve always wanted. The home features a long driveway with ample parking, making it convenient for multiple vehicles or guests. With some vision and updates, this property can truly shine and become a great long-term investment. Located in a convenient part of the city, the home is just minutes from the Compton City Hall, the Compton Courthouse, and the Los Angeles County Sheriff's Department facilities, providing easy access to local services and main streets. Best of all, this home is one of the lowest-priced properties currently available in Compton, making it a rare opportunity for buyers looking to enter the market or invest in future potential. Bring your ideas, your contractor, and your vision, it will sell fast!
Location
Compton, Los Angeles County, CA 90220
Open on Google Maps ↗Listed by: RAY DURAN, JR. · L.A. REAL ESTATE NETWORK GROUP
Payment estimate
$3,306
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $42,275 · Loan: $380,475
- Principal & Interest
- $2,407
- Property tax (1.25%)
- $440
- Homeowners insurance
- $300
- Mortgage insurance
- $159
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 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 $14,796 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.
Similar Homes Nearby
Active and pending listings in ZIP 90220 (Compton)within ±10% of this home's price and size.
Local Market Stats
See Compton, CA 90220 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.