705 S Corlett Avenue
Compton, CA, 90220
$574,900
MLS: DW26001623
Beds
3
Baths
2
Sq Ft
1,110
Lot
0.14 ac
Year Built
1950
MLS #
DW26001623
Days on Market
97
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
Open on Google Maps ↗Listed by: Ramon Pereira · JD Residential & Commercial RE
Payment estimate
$4,293
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $57,490 · Loan: $517,410
- Principal & Interest
- $3,179
- Property tax (1.25%)
- $599
- Homeowners insurance
- $300
- Mortgage insurance
- $216
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 $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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