505 S Mayo Avenue

Compton, CA 90221

PRICE REDUCED

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-$225,000 (-20.45%)

$875,000

List Price

6

bed Beds

3

shower Baths

1,852 sqft

straighten / sqft

1924

calendar_month Built

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.

Listing Information

List Price $875,000
Status Active
MLS IV24219694
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1924
Lot Size 6,666
Structure Size 1,852
DOM 25
Courtesy Of EXP REALTY OF SOUTHERN CALIFORNIA INC.
Listing Agent JAMIE DAVIS DRE#01313935

Interior Features

Laundry Information
Location(s) In Garage
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 3
Fireplace Information
Features Gas, Living Room, Wood Burning
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: JAMIE DAVIS, EXP REALTY OF SOUTHERN CALIFORNIA INC. 714-404-1722. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 17th, 2024 at 5:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.