
South Gate, California 90280
This Strong Value Opportunity is a versatile Residential Income asset listed at $999,999—positioned well below the $1,071,740 Fair Market Value by 6%. This valuation gap offers $71,741 in Instant Equity. Featuring a 3,138 sqft layout with a Permitted ADU, the property is in Condition Rating 3, balancing modern updates with an unpermitted garage conversion. It is an ideal acquisition for Buy-and-Hold Investors or multi-generational families seeking significant rental income potential in the Los Angeles Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10520 California Avenue Subject | $999,999* List Price | 6 | 4 | 3,138 | $342 | - |
A 10107 Otis Active Under Contract | $999,999 List Price | 6 | 3 | 2,735 | $366 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1955, the property has clearly undergone significant renovations within the last 5-15 years. Interior photos show updated laminate flooring, recessed lighting, and modern paint schemes. The property is well-maintained, functional, and move-in ready across its multiple living spaces, including a permitted ADU. The presence of an unpermitted garage conversion and some older tile work prevents an 'Excellent' rating.
With four distinct living areas including a main level, upper level, permitted ADU, and a garage conversion, this property offers massive flexibility for high-yield rental income or multi-generational living.
The inclusion of a fully permitted 2-bedroom, 1-bathroom rear ADU with its own laundry room adds significant legal value and provides a turnkey solution for additional housing.
At 3,138 square feet, this residence provides a rare amount of interior living space for the South Gate area, accommodating large families with ease across its versatile floor plan.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6279. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The garage has been converted into a living space with a kitchen and bathroom without permits, which may complicate traditional financing and pose future code enforcement risks.
The property's complex configuration places a heavy burden on the buyer to independently verify zoning, permits, and legal use, indicating potential discrepancies between current improvements and city records.
Welcome to this unique and versatile property offering multiple living spaces and excellent flexibility for multi-generational living, extended family, or investment potential. Originally designed as a two-story residence, the property has been configured to provide separate living spaces on the main and upper levels, along with a permitted ADU in the rear. The main-level residence features 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining area, and living room. The upper-level residence offers 2 bedrooms, 2 full bathrooms, a spacious living room, kitchen with dining area, an additional bonus room, and a walk-in closet. Both bedrooms feature generous wall-to-wall mirrored closets. The permitted rear ADU features 2 bedrooms, 1 full bathroom, a living room, kitchen and dining area, closets, and a dedicated laundry room, providing a comfortable additional living space. The garage has also been converted into an additional living space with a kitchen, full bathroom, and a large flexible room. This garage conversion is not permitted. Buyer to independently verify permits, square footage, zoning, and permitted use of all improvements with the appropriate governmental agencies. This property offers a rare combination of multiple living spaces, flexible floor plans, and significant potential for a variety of living arrangements. Buyer to conduct their own due diligence regarding all improvements and their current and future permitted use.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 2.5 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,138 | 1,729.833 |
| Lot Size | 6,098.4 | 6,055.5 |
| Price | $1000.0K | $946.9K |
| Price per sq ft | $319 | $464 |
| Built year | 1955 | 1940 |
| HOA | $0 | $0 |
| Days on market | 5 | 80 |
Sep 4, 2026
$999,999
Initial Listing
May 8, 2007
$780,000
Public Record
Dec 29, 2005
$385,000
Public Record