10022 San Miguel, South Gate, California 90280, South Gate, 90280 - 4 bed, 2 bath

10022 San Miguel, South Gate, California 90280 home-pic-0
ACTIVE$742,500$1,742/sqft
Est. Value: $683,977
-7%
AboveEstimate
10022 San Miguel, South Gate, California 90280
4Beds
2Baths
1,742Sqft
7,324Lot

Price Vs. Estimate

The estimated value ($683,977.495) is $58,522.505 (7%) lower than the list price ($742,500). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7324, living area = 1742.
Top Cons:
Age of Property & Implied Updates: Built in 1923, the property's age suggests that significant updates to systems, finishes, and overall modernization may be required, representing an additional investment for buyers.

Compared to the nearby listings

Price:$742.5K vs avg $700.0K (+$42,500)73%
Size:1,742 sqft vs avg 1,197 sqft89%
Price/sqft:$426 vs avg $54813%

More Insights

Built in 1923 (103 years old).
Condition: Built in 1923, this property is over 100 years old. The description highlights 'lots of potential' and the property analysis explicitly states that 'significant updates to systems, finishes, and overall modernization may be required.' While the exterior appears functional, the extreme age of the property, coupled with the lack of any interior images to showcase recent renovations, strongly suggests that the kitchen, bathrooms, electrical, plumbing, and HVAC systems are likely outdated and require substantial repairs and rehabilitation to meet current standards and comfort levels. It is not move-in ready without significant investment.
Year Built
1923
Close
-
List price
$743K
Original List price
$743K
Price/Sqft
$426
HOA
-
Days on market
-
Sold On
-
MLS number
DW25279291
Home ConditionPoor
Features
View-

About this home

Great property with lots of potential. Big house, with a nice-sized kitchen, living room, and bedrooms. Plenty of space for parking in the front, and a long driveway to accommodate multiple vehicles. Full-size 2-car garage for possible ADU, a big backyard for family gatherings, and space to add on to the property.

A
Antonio Lanz
Listing Agent

Nearby schools

4/10
San Miguel Elementary School
Public,K-50.2mi
7/10
Bryson Avenue Elementary School
Public,K-50.5mi
3/10
Roosevelt Elementary School
Public,K-60.6mi
6/10
Thurgood Marshall Elementary School
Public,K-50.7mi
7/10
Victoria Avenue Elementary School
Public,K-50.7mi
5/10
Madison Elementary School
Public,K-50.8mi
4/10
San Gabriel Avenue Elementary School
Public,K-50.9mi
6/10
Montara Avenue Elementary School
Public,K-61.0mi
5/10
Tweedy Elementary School
Public,K-51.1mi
4/10
Lugo Elementary School
Public,K-61.1mi
4/10
Stanford Avenue Elementary School
Public,K-51.3mi
5/10
Independence Elementary School
Public,K-51.3mi
7/10
Willow Elementary
Public,K-51.5mi
4/10
State Street Elementary School
Public,K-51.6mi
4/10
Liberty Boulevard Elementary School
Public,K-51.8mi
2/10
Cesar Chavez Middle School
Public,6-80.5mi
5/10
South Gate Middle School
Public,6-80.8mi
2/10
Hosler Middle School
Public,7-81.1mi
2/10
Southeast Middle School
Public,6-81.5mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,6-82.7mi
4/10
Lynwood High School
Public,9-120.9mi
6/10
South Gate Senior High School
Public,9-121.0mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,6-121.2mi
6/10
South East High School
Public,9-121.3mi
Condition Rating
Poor

Built in 1923, this property is over 100 years old. The description highlights 'lots of potential' and the property analysis explicitly states that 'significant updates to systems, finishes, and overall modernization may be required.' While the exterior appears functional, the extreme age of the property, coupled with the lack of any interior images to showcase recent renovations, strongly suggests that the kitchen, bathrooms, electrical, plumbing, and HVAC systems are likely outdated and require substantial repairs and rehabilitation to meet current standards and comfort levels. It is not move-in ready without significant investment.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7324, living area = 1742.
ADU Potential & Garage: The full-size 2-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), enhancing property value and potential rental income.
Expansive Lot & Expansion Opportunities: A generous 7,324 sqft lot provides a large backyard ideal for family gatherings and offers ample space for future property additions or landscaping projects.
Abundant Parking: The property features plenty of parking space in the front and a long driveway, capable of accommodating multiple vehicles, a valuable asset in urban areas.
Spacious Interior Layout: Described as a 'big house' with nice-sized kitchen, living room, and bedrooms, offering comfortable and functional living spaces with 4 beds and 2 baths.
Excellent School Proximity: Located very close to several schools, including San Miguel Elementary (0.17 miles) and highly-rated Bryson Avenue Elementary (7/10) and Victoria Avenue Elementary (7/10).

Cons

Age of Property & Implied Updates: Built in 1923, the property's age suggests that significant updates to systems, finishes, and overall modernization may be required, representing an additional investment for buyers.
No Designated View: The property details explicitly state 'view: None,' which might be a drawback for buyers prioritizing scenic outlooks or specific vistas.
Potential Implies Renovation Needs: While 'lots of potential' is mentioned, it often indicates that the property is not move-in ready in a modern sense and will require effort and investment to realize its full value.
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