505 S Mayo Avenue
Compton, CA 90221
$225,000.00 (-20.45%)
Active for $875,000
Beds: 6 Baths: 3 Structure Size: 1,852 sqft Lot Size: 6,666 sqft
MLS | IV24219694 |
Year Built | 1924 |
Property Type | Single Family Residence |
County | Los Angeles |
Status | Active |
Active | $875,000 |
Structure Size | 1,852 sqft |
Lot Size | 6,666 sqft |
Beds | 6 |
Baths | 3 |
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 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 11/22/2024 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.