522 W Cherry Street
Compton, CA, 90222
$530,000
MLS: DW25150323
Beds
2
Baths
2
Sq Ft
960
Lot
0.11 ac
Year Built
1957
MLS #
DW25150323
Days on Market
31
Listed
Oct 3, 2025
Description
RENT 1 UNIT AND LIVE IN THE OTHER, ready to move in. Two Beautiful units in a quiet neighborhood. Each unit has 1 bedroom and 1 bathroom with plenty of natural light. and its OWN INDIVIDUAL LAUNDRY ROOM.. Both units have water filtration and a softener system. Mini-split AC in each unit. Front patio fake turf. Irrigation system for all the trees. New Roof. The private backyard is bordered with ficus trees that provide a perfect setting for family gatherings and summer barbecues, conveniently located near a shopping center and freeway. Both Units will be delivered empty. ARE YOU A VA BUYER? You may assume the present loan at 2.5% interest rate.
Location
Compton, Los Angeles County, CA 90222
Open on Google Maps ↗Listed by: Andrea Pazmino-Pace · HomeSmart Realty Group
Payment estimate
$3,982
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $53,000 · Loan: $477,000
- Principal & Interest
- $2,931
- Property tax (1.25%)
- $552
- Homeowners insurance
- $300
- Mortgage insurance
- $199
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
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 $18,550 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.
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