$875,000
- Beds
- 6
- Baths
- 3.0
- sq ft
- 1,852
505 S Mayo Ave, Compton, CA 90221
505 S Mayo Ave
Compton, CA 90221
- 33 days on market
- Price drop $225,000↓
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.
Details
Property type
Single Family Residence
Lot size
6,666 sq ft
Price per sq ft
$473
Year built
1924
HOA
No
Price History
11/17/2024
CRMLS #IV24219694
Price change
$875,000
-20.45%
10/23/2024
CRMLS #IV24219694
Listed
$1,100,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Street Lights, Sidewalks
Community features:
Curbs, Street Lights, Sidewalks
High school district:
Compton Unified
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Status: Active
Tomo last checked: 11/24/2024 at 8:00 PM
Listing updated: 11/17/2024 at 9:59 AM
Listed by: JAMIE DAVIS, EXP REALTY OF SOUTHERN CALIFORNIA INC. Phone #: (888) 294-1415
MLS: CRMLS #IV24219694
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