640 W Palmer St Compton, CA 90220
Highlights
- RV Access or Parking
- Gated Parking
- Lawn
- Benjamin O. Davis Middle School Rated 9+
- Corner Lot
- No HOA
About This Home
Prime Location with Exceptional Potential - This is a rare opportunity to unlock tremendous value in a highly desirable neighborhood. Built in 1941, this single-story, four-bedroom corner-lot home offers 1,660 sq. ft. of living space and sits on an expansive 11,275 sq. ft. (.26-acre) lot, providing endless possibilities for renovation, expansion, or redevelopment. The exterior is just as impressive, with a manicured, landscaped backyard enriched by a mature orange tree—an ideal setting for outdoor dining, entertaining, gardening, or quiet afternoons in your own natural oasis. The home has been well maintained for more than 54+ years and does require some upgrading, making it a true blank canvas ready for your vision. Inside, you’ll find a spacious living room featuring a cozy fireplace with gas starter, formal dining room, a large den/family room, a generously sized kitchen with a dedicated dinette area. This property blends original charm with outstanding potential. The attached three-car garage with a pass-through garage door to the back yard and can offer additional flex space—ideal for a studio, or creative use. The expansive backyard is an entertainer’s dream. The lot can possibly support an Additional Dwelling Unit (ADU), adding even more value and opportunity. Proudly owned by the same family for over 54+ years, this is the first time the property has been offered for sale—an opportunity that rarely comes along. This expansive and inviting home, offering exceptional comfort, versatility, and charm. Nestled on a charming street, the home is conveniently located near schools, shopping, parks, and local amenities, with quick access to the 110, 105, 710 and 91 freeways, making commuting and daily errands effortless. Whether you’re seeking a smart investment or the chance to create your dream home, this gem delivers location, lot size, and limitless potential. Opportunities like this do not last—schedule your private showing today and imagine what you can create.
Listing Agent
Amberwood Real Estate Brokerage Phone: 714-904-3423 License #01232040 Listed on: 02/24/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1941
Lot Details
- 11,278 Sq Ft Lot
- Wrought Iron Fence
- Block Wall Fence
- Stucco Fence
- Landscaped
- Corner Lot
- Level Lot
- Front and Back Yard Sprinklers
- Lawn
- Property is zoned COR1
Parking
- 3 Car Direct Access Garage
- Parking Available
- Two Garage Doors
- Garage Door Opener
- Driveway Level
- Gated Parking
- RV Access or Parking
Home Design
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Raised Foundation
- Interior Block Wall
- Composition Roof
- Stucco
Interior Spaces
- 1,660 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Family Room
- Living Room with Fireplace
- Dining Room
- Window Bars
Kitchen
- Kitchenette
- Gas Range
- Free-Standing Range
- Range Hood
- Tile Countertops
- Formica Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Outbuilding
- Rain Gutters
Location
- Suburban Location
Schools
- Dickson Elementary School
- Davis Middle School
- Compton High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 2 / 13
- Tax Tract Number 62
- Assessor Parcel Number 6151006001
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,234 | $73,731 | $37,725 | $36,006 |
| 2024 | $2,234 | $72,286 | $36,986 | $35,300 |
| 2023 | $2,199 | $70,869 | $36,261 | $34,608 |
| 2022 | $1,796 | $69,480 | $35,550 | $33,930 |
| 2021 | $1,794 | $68,118 | $34,853 | $33,265 |
| 2019 | $1,807 | $66,099 | $33,820 | $32,279 |
| 2018 | $1,627 | $64,804 | $33,157 | $31,647 |
| 2016 | $1,547 | $62,289 | $31,870 | $30,419 |
| 2015 | $1,498 | $61,355 | $31,392 | $29,963 |
| 2014 | $1,487 | $60,155 | $30,778 | $29,377 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Pending | -- | -- | -- |
| 02/24/2026 02/24/26 | For Sale | $850,000 | -- | $512 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS26037344
APN: 6151-006-001
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Ask me questions while you tour the home.