10248 Stanford Avenue, South Gate, California 90280, South Gate, 90280 - 3 bed, 2 bath
ACTIVE$820,000
10248 Stanford Avenue, South Gate, California 90280
3Beds
2Baths
1,256Sqft
4,834Lot
Year Built
1941
Close
-
List price
$820K
Original List price
$820K
Price/Sqft
$653
HOA
-
Days on market
-
Sold On
-
MLS number
IV24122502
Home ConditionFair
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 47% below the list price. We found 3 Cons,5 Pros. Rank: price - $820.0K(93th), sqft - 1256(55th), beds - 3(50th), baths - 2(50th).
MOVE IN READY PROPERTY IN THE CITY OF SOUTH GATE, LARGE DRIVEWAY THAT CAN ACCOMMODATE SEVERAL CARS. THIS PROPERTY ADU HAVE A PERMIT , CLOSE TO THE SHOPPING CENTER ,SCHOOLS AND FREEWAYS . U CAN HAVE A EXTRA INCOME IN THE ADU . COMING TO SEE THIS HOME......
Nearby schools
6/10
Montara Avenue Elementary School
Public,•K-6•0.2mi
5/10
Madison Elementary School
Public,•K-5•0.5mi
4/10
Stanford Avenue Elementary School
Public,•K-5•0.6mi
7/10
Victoria Avenue Elementary School
Public,•K-5•0.6mi
7/10
Willow Elementary
Public,•K-5•0.9mi
6/10
Thurgood Marshall Elementary School
Public,•K-5•1.1mi
4/10
San Miguel Elementary School
Public,•K-5•1.2mi
3/10
Roosevelt Elementary School
Public,•K-6•1.3mi
4/10
Liberty Boulevard Elementary School
Public,•K-5•1.4mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•1.4mi
5/10
Independence Elementary School
Public,•K-5•1.4mi
4/10
State Street Elementary School
Public,•K-5•1.6mi
7/10
Bryson Avenue Elementary School
Public,•K-5•1.6mi
4/10
Lugo Elementary School
Public,•K-6•2.2mi
5/10
Tweedy Elementary School
Public,•K-5•2.2mi
2/10
Southeast Middle School
Public,•6-8•0.4mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.1mi
2/10
Hosler Middle School
Public,•7-8•1.4mi
5/10
South Gate Middle School
Public,•6-8•1.5mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•2.1mi
6/10
South East High School
Public,•9-12•0.3mi
6/10
South Gate Senior High School
Public,•9-12•1.1mi
4/10
Lynwood High School
Public,•9-12•1.8mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.4mi
Price History
Date
Event
Price
03/18/05
Sold
$380,000
07/27/04
Sold
$315,000
Condition Rating
Fair
The property, built in 1941, is described as 'move-in ready' and appears functional and clean. However, the kitchen features dated light-colored tile flooring, speckled countertops, and dark cabinets, despite a more modern mosaic backsplash. Some interior areas display dated patterned tile, while others have newer laminate flooring, indicating piecemeal updates rather than a comprehensive recent renovation. While livable, the property shows its age and would benefit from minor cosmetic updates to bring it to current aesthetic standards, particularly in the kitchen and potentially the bathrooms (which are not fully pictured but likely align with the overall dated aesthetic). The presence of a permitted ADU is a positive, but the main house's condition aligns with the 'Fair' category, requiring minor updates.
Pros & Cons
Pros
ADU with Income Potential: The property includes a permitted Accessory Dwelling Unit (ADU), offering significant potential for rental income or multi-generational living.
Move-in Ready Condition: Described as 'MOVE IN READY PROPERTY', suggesting it is in good condition for immediate occupancy without major renovations.
Convenient Location: Strategically located close to shopping centers, schools, and freeways, providing excellent accessibility and convenience for residents.
Ample Parking: Features a large driveway capable of accommodating several cars, a valuable asset in urban areas.
City Lights View: The property boasts a 'City Lights' view, enhancing its aesthetic appeal and potential resale value.
Cons
Potential Overpricing: The automated estimation value ($434,156.85) is significantly lower than the listing price ($820,000), indicating a potential overvaluation of -47% according to current market models.
Age of Main Structure: Built in 1941, the main house is over 80 years old, which may imply aging infrastructure and potential for future maintenance or system upgrades not explicitly detailed.
Limited Renovation Details: While 'move-in ready', the description lacks specific details on recent major renovations or updates to the main house's core systems (e.g., kitchen, bathrooms, HVAC, electrical, plumbing), which could lead to unforeseen expenses for a buyer.