Compton, CA 90221,505 S Mayo AVE
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Compton, CA 90221,505 S Mayo AVE
Compton, CA 90221,505 S Mayo AVE
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$ 875,000
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Price Dropped by $225K

505 S Mayo AVE Compton, CA 90221

6 Beds

3 Baths

1,852 SqFt


UPDATED:

12/05/2024 05:18 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,852 sqft

Price per Sqft $472

MLS Listing ID IV24219694

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1924

Lot Size 6,664 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Ro - Compton S Of Rosecrans, E Of Alameda

Zoning CORL*

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type Gas, Living Room, Wood Burning

Fireplace Yes

Laundry In Garage

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool In Ground, Private

Community Features Curbs, Street Lights, Sidewalks, Urban

View Y/N Yes

View Neighborhood

Total Parking Spaces 1

Private Pool Yes

Building

Lot Description Back Yard, Front Yard, Street Level

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Compton Unified

Others

Senior Community No

Tax ID 6179013014

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by JAMIE DAVIS • EXP REALTY OF SOUTHERN CALIFORNIA INC. • 714-404-1722

Neo Dela Cruz

Global Real Estate Advisor | License ID: 01826901

+1(949) 531-3191

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505 S Mayo AVE