$ 875,000
505 S Mayo Avenue Compton, CA 90221
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$ 875,000
Est. payment /mo
Price Dropped by $225K
505 S Mayo Avenue Compton, CA 90221
6 Beds
3 Baths
1,852 SqFt
UPDATED:
11/20/2024 04:43 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,852 sqft
Price per Sqft $472
MLS Listing ID IV24219694
Style Detached
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1924
Lot Size 6,666 Sqft
Acres 0.153
Property Description
This charming cottage in Compton offers appealing features for both large families and investors. Heres 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 youre 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.
This charming cottage in Compton offers appealing features for both large families and investors. Heres 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 youre 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.
This charming cottage in Compton offers appealing features for both large families and investors. Heres 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 youre 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.
Location
State CA
County Los Angeles
Area Compton (90221)
Zoning CORL*
Interior
Cooling Central Forced Air
Fireplaces Type FP in Living Room, Gas
Laundry Garage
Exterior
Garage Spaces 1.0
Pool Below Ground, Private
View Neighborhood
Total Parking Spaces 1
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $115
Miscellaneous Urban
Acceptable Financing Cash, Conventional, FHA, VA, Cash To New Loan
Listing Terms Cash, Conventional, FHA, VA, Cash To New Loan
Special Listing Condition Standard
Listed by EXP REALTY OF SOUTHERN CALIFORNIA INC.
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