Compton, CA 90221,505 S Mayo Avenue
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Compton, CA 90221,505 S Mayo Avenue
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$ 875,000
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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.

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


San Diego Regional MLS (SDMLS)
Listed by EXP REALTY OF SOUTHERN CALIFORNIA INC.

Valerie Upham

+1(858) 761-7890

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505 S Mayo Avenue