$875,000
For Sale

505 S Mayo Avenue

Compton, CA 90221
1852 sqft | 6 beds | 3 baths | 0.15 acres | #IV24219694
Listing OfficeEXP REALTY OF SOUTHERN CALIFORNIA INC.
Browse 3 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This charming cottage in Compton offers appealing features for both large families and investors. Here’s a closer look at the key aspects: Property Highlights: Cottage Charm: The cozy design of the main cottage creates a welcoming atmosphere, ideal for family living or entertaining guests. Detached ADU (Accessory Dwelling Unit): This separate living space provides additional privacy and versatility, whether for guests, extended family, or rental income. Pool: A pool enhances outdoor living, providing a perfect spot for relaxation, recreation, and summer gatherings. Spacious Layout: With six bedrooms and three bathrooms, this single-story home accommodates larger families comfortably and offers plenty of room for personal space. Ideal for: Large Families: The ample bedrooms and bathrooms cater to family needs, ensuring comfort and convenience. Investment Opportunities: The ADU can serve as a rental unit, increasing potential income, while the main home provides a sizable living space for tenants or a larger family. Location Benefits: Quiet Neighborhood: Nestled in a peaceful area, it offers a serene environment, while still being accessible to local amenities and services. If you’re considering this property for your family or as an investment, think about how you might utilize the space. Would you prioritize indoor living, outdoor entertaining by the pool, or generating rental income from the ADU? Such considerations can help maximize the benefits of this property.

  • Interior Details
      • InteriorAllBedroomsDown
    • Beds & Baths
      • Bedrooms6
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Lot DescriptionBackYard, FrontYard, StreetLevel
      • ViewNeighborhood
      • Stories1
    • Measurements
      • Acres0.153
      • Square Feet1852
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1924
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictCompton Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,100,000
  • Other
      • MLS #IV24219694

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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