10313 Virginia, South Gate, California 90280, South Gate, 90280 - 2 bed, 1 bath
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South Gate, California 90280
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $569,390 Fair Market Value by 3%. This valuation gap offers $19,390 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full renovation, but the 5,991 sqft lot and Detached Garage provide significant ADU Conversion Potential. This is a strategic Value-Add Asset ideal for Fix-and-Flip Investors or Contractors seeking to maximize equity in the South Gate market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10313 Virginia Subject | $550,000* List Price | 2 | 1 | 950 | $599 | - |
A 10130 Mallison Sold | $625,000 | 3 | 1 | 978 | $639 | 0.6 mi |
B 9710 San Miguel Sold | $590,000 | 2 | 1 | 825 | $715 | 0.6 mi |
C 10031 San Anselmo Avenue Sold | $550,000 | 2 | 1 | 936 | $588 | 0.7 mi |
D 9933 San Anselmo Sold | $690,000 | 3 | 1 | 1,190 | $580 | 0.7 mi |
E 3284 Cherokee Avenue Sold | $702,000 | 3 | 2 | 1,307 | $537 | 0.2 mi |
F 10255 California Active | $709,800 List Price | 3 | 2 | 1,074 | $661 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is marketed as a 'value-add fixer' and probate sale. The bathroom shows significant deterioration, including heavily dated tiling and fixtures with visible grime and wear. The exterior and interior suggest decades of deferred maintenance, requiring a full rehab of all major systems and living areas to meet modern standards.
The property features a detached garage on a generous 5,991 sqft lot, offering a prime opportunity for an ADU conversion to generate rental income or increase total living square footage.
As a value-add fixer, this residence provides a substantial opportunity for investors or contractors to build equity through strategic renovations in the heart of South Gate.
Conveniently situated near various schools, shopping, and dining, with easy freeway access, ensuring strong long-term demand for future residents.
Built in 1928 and marketed as a fixer, the property likely requires a significant capital injection to modernize aging systems and structural elements.
The sale is subject to court confirmation, which can lead to a more rigid bidding process and a longer timeline for closing compared to standard transactions.
Investor opportunity in the heart of South Gate! This value-add fixer is ready for its next chapter and offers tremendous upside for investors, contractors, or buyers looking to renovate and build equity. The home features a detached garage with excellent potential for a possible ADU conversion, providing the potential to create additional living space or rental income (buyer to verify). With the right vision, this property has the potential to become an outstanding investment. Conveniently located near schools, shopping, restaurants, parks, and easy freeway access, this property offers both location and opportunity. Probate sale- subject to court confirmation.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 950 | 1,251.5 |
| Lot Size | 5,991 | 6,015 |
| Price | $550.0K | $715.1K |
| Price per sq ft | $579 | $583 |
| Built year | 1928 | 1941 |
| HOA | $0 | $0 |
| Days on market | 19 | 88 |
Jul 3, 2026
$550,000
Initial Listing