2BR/1BA Home on HUGE LOT at 2407 N. Slater Ave. in Compton.......
Value: $391,000.00 Est Bid: $350,675.00 Opening Bid: $97,404.00 Sold: $114,600.00 !!!
Do the Math...
Value $391,000 - $114,600 = $276,400 in potential equity !!!
The discounted opening bid is your answer...... They happen every day.