505 S Mayo Avenue, Compton, CA 90221

$875,000 Asking Price

6 beds
3 baths
1,852  sqft
Built in 1924

This charming cottage in Compton offers appealing features for both large families and investors. Heres 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 youre 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.

Features & Amenities

Interior

Laundry:
Garage
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Living Room,Gas

Exterior

Pool:
Below Ground,Private
Parking:
Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Topography:
Level
Zoning:
CORL*, 6179013014
View:
Neighborhood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
EXP REALTY OF SOUTHERN CALIFORNIA INC.

About Compton, CA

Housing

Number of Units
33,183
Median Home Value
$370,175
Median Rent
$1,171

44.49% of housing units are renter occupied.

2.70% are vacant.

Commute

Car
81.04%
Public Transportation
3.79%
Walk to Work
0.69%
Work from Home
13.36%
Other
0.69%

The median travel time to work is 30 minutes.

People

Population
132,771
Median Age
33.00
Median Household Size
3.85

Education

High School
28.57%
Associate’s Degree
4.97%
Bachelor’s Degree
7.10%
Graduate Degree
2.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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