PendingSingleFamilyResidence

705 S Corlett Avenue

Compton, CA, 90220

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$574,900

Original list price: $575,000

MLS: DW26001623

Beds

3

Baths

2

Sq Ft

1,110

Lot

0.14 ac

Year Built

1950

MLS #

DW26001623

Days on Market

123

Listed

Jan 4, 2026

Description

Secured this 3 Beds, 2 bathrooms Gem on a massive 5,998 sq. ft. Ft. lot, with an incredible upside. This home features unseen upgrades, including a fully permitted and upgraded electrical panel built to city codes, a massive start on any renovation project. The interior is a functional blank canvas, while the kitchen and certain areas of the home require some attention; however, it is habitable with a spacious floor plan. The primary bedroom is oversized, and the laundry hookups are conveniently located in the attached 1-car garage. The true Gold Mine is the expansive backyard perfect for a detached ADU. Located in the prime pocket of Compton, near local amenities. Don't miss this chance to restore a classic and build your dream out of this Gem—close to 110 and 91 Fwys. Please Read the Private Remarks & Supplement Docs Field. Sellers are very motivated, please submit your best and highest Offer.

Location

Compton, Los Angeles County, CA 90220

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Listed by: Ramon Pereira · JD Residential & Commercial RE

Payment estimate

$4,392

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $57,490 · Loan: $517,410

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,277
Property tax (1.25%)
$599
Homeowners insurance
$300
Mortgage insurance
$216
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $20,122 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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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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.