Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

420 W Tichenor Street

Compton, CA, 90220

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$1,200,000

MLS: OC26064540

Beds

3

Baths

2

Sq Ft

2,061

Lot

0.38 ac

Year Built

1941

MLS #

OC26064540

Days on Market

27

Listed

Mar 25, 2026

Description

Welcome to a rare opportunity in the highly sought after Richland Farms community, (16,755 sqft HORSE PROPERTY) a truly unique neighborhood known for its equestrian and horse friendly lifestyle, large lots, and ability to accommodate animals, offering a one of a kind semi-rural feel within Los Angeles County. This beautifully maintained 3-bedroom, 2-bath home reflects pride of ownership, featuring a comfortable layout, inviting living spaces, and a functional kitchen designed for everyday living. Situated on an expansive 16,755 sq ft lot, the property offers generous outdoor space, providing flexibility for entertaining, relaxing, gardening, or enjoying the distinctive lifestyle this community is known for. Richland Farms is celebrated for its larger lots, strong sense of community, and rare zoning that allows for equestrian use and horse ownership. Ideally located within walking distance to the elementary, middle, and newly built high school, and just minutes from major freeways, shopping, and everyday conveniences. This is an exceptional opportunity to own in one of the area’s most unique and desirable communities. Opportunities like this are few and far between.

Location

Compton, Los Angeles County, CA 90220

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Listed by: Nasheen Noor · Keller Williams Realty

Payment estimate

$8,636

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%
Principal & Interest
$6,636
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Compton home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Compton, CA 90220 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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