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505 Mayo Avenue
Compton, CA 90221
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.
PROPERTY INFORMATION
| MLS # | IV24219694 | Lot Size | 6,666 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,100,000
Price Per SqFt: $ 594 |
DOM | 280 Days |
| Address | 505 Mayo Avenue | Type | Residential |
| City | Compton | Sq.Ft. | 1,852 Sq. Ft. |
| Postal Code | 90221 | Garage | N/A |
| County | Los Angeles | Year Built | 1924 |
| Bed / Bath | 6 / 3 | Parking | N/A |
| Built In | 1924 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | In Garage |
| Has Fireplace | Yes |
| Fireplace Information | Living Room, Gas, Wood Burning |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | All Bedrooms Down, Den, Kitchen, Living Room |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| EntryLocation | 2 |
| Entry Level | 1 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Has Pool | Yes |
| Pool | Private, In Ground |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/23/2024 | Listed | $1,100,000 |
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Listing provided courtesy of JAMIE DAVIS, EXP REALTY OF SOUTHERN CALIFORNIA INC.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
