615 N Grandee
Compton, CA, 90220
$499,900
MLS: SR26074747
Beds
2
Baths
1
Sq Ft
831
Lot
0.14 ac
Year Built
1943
MLS #
SR26074747
Days on Market
7
Listed
Apr 8, 2026
Description
Opportunity at 615 N Grandee Ave, a 2-bed, 1-bath single-family home on a spacious lot with substantial outdoor area and clear renovation upside. The existing footprint provides a practical layout ready for modernization, while the yard offers room for expanded outdoor living, reconfiguration, garden space, additional parking, or future improvements subject to local guidelines. This property is well-suited for buyers seeking a project with strong fundamentals and value-add potential. The listing includes an immersive 3D walkthrough and floor plan, allowing detailed evaluation of the current layout and renovation planning before visiting. Interior spaces are compact and functional, providing a straightforward base for redesign, finish upgrades, improved flow, and storage solutions. The lot size is a standout feature, creating flexibility rarely found in this setting and supporting creative exterior enhancements. Nearby recreation includes Gonzales Park, Lueders Park, and Burrell-MacDonald Park with fields, courts, playgrounds, and open space. Everyday needs are supported by markets, dining, and services along nearby corridors. The location benefits from convenient access to Interstate 105, California State Route 91, and Interstate 710, along with regional transit via the Metro A Line for connections to Los Angeles and Long Beach. This is a chance to transform a modest structure on a generous parcel into a refreshed residence or long-term asset. Buyers with vision can reimagine the interior, upgrade systems and finishes, enhance curb appeal, and maximize the outdoor footprint to create a more functional living environment while building equity through thoughtful improvements.
Location
Compton, Los Angeles County, CA 90220
Open on Google Maps ↗Listed by: Jose Schnaider · Keller Williams Hollywood Hills
Payment estimate
$3,773
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,990 · Loan: $449,910
- Principal & Interest
- $2,764
- Property tax (1.25%)
- $521
- Homeowners insurance
- $300
- Mortgage insurance
- $187
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 $17,497 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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