2703 Missouri Avenue, South Gate, California 90280, South Gate, 90280 - 5 bed, 4 bath

2703 Missouri Avenue, South Gate, California 90280 home-pic-0
ACTIVE$785,000
2703 Missouri Avenue, South Gate, California 90280
5Beds
4Baths
1,808Sqft
5,447Lot

Price Vs. Estimate

The estimated value ($434,813.485) is $350,186.515 (44%) lower than the list price ($785,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Living & Multi-Generational Potential: The property is explicitly designed for large or multi-generational families, featuring generous-sized bedrooms, large closets, and currently configured as two separate living areas, offering high functional flexibility.
Top Cons:
Significant Valuation Discrepancy: The automated property estimation of $434,813.485 is substantially lower than the list price of $785,000, indicating a potential overvaluation or a need for strong justification of the asking price.

Compared to the nearby listings

Price:$785.0K vs avg $710.0K (+$75,000)87%
Size:1,808 sqft vs avg 1,224.5 sqft92%
Price/sqft:$434 vs avg $54512%

More Insights

Built in 1923 (102 years old).
Condition: Built in 1923, this property's age suggests that while the exterior appears maintained, the interior, particularly the kitchen and bathrooms, likely requires significant updates to meet modern standards. The listing description focuses on versatility and potential, rather than recent renovations, and there are no interior images to assess current conditions. The property analysis also highlights 'Age-Related Maintenance & Updates' and 'Lack of Main House Renovation Details,' indicating that major components are functional but likely outdated, aligning with a 'Fair' condition score.
Year Built
1923
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
DW25050140
Home ConditionFair
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

Welcome to this spacious and versatile home, perfect for large or multi-generational families! This property offers generous-sized bedrooms with large closets and plenty of living space to make your own. Currently used as two separate living areas, plus there’s a Permitted 299 sq ft detached single unit with a 3/4 bath, offering great potential for extra living space or rental income, addition to the single there is a large 2 car detached garage also brings endless possibilities, whether you want to convert it into an ADU, workshop, or use it for extra storage. Enjoy a lovely outdoor space with mature lemon and grapefruit trees, perfect for relaxing or entertaining. With ample parking, including a carport, and a great location close to schools, shopping centers, parks, and public transportation, this home offers so many possibilities. Come see all the potential this home has to offer!

Nearby schools

4/10
Stanford Avenue Elementary School
Public,K-50.2mi
6/10
Montara Avenue Elementary School
Public,K-60.4mi
7/10
Willow Elementary
Public,K-50.4mi
5/10
Madison Elementary School
Public,K-50.5mi
7/10
Victoria Avenue Elementary School
Public,K-50.7mi
4/10
Liberty Boulevard Elementary School
Public,K-50.9mi
5/10
Independence Elementary School
Public,K-51.1mi
4/10
State Street Elementary School
Public,K-51.2mi
4/10
San Gabriel Avenue Elementary School
Public,K-51.3mi
4/10
San Miguel Elementary School
Public,K-51.3mi
6/10
Thurgood Marshall Elementary School
Public,K-51.5mi
3/10
Roosevelt Elementary School
Public,K-61.7mi
7/10
Bryson Avenue Elementary School
Public,K-51.8mi
5/10
Tweedy Elementary School
Public,K-52.4mi
4/10
Lugo Elementary School
Public,K-62.5mi
2/10
Southeast Middle School
Public,6-80.2mi
2/10
Cesar Chavez Middle School
Public,6-81.4mi
5/10
South Gate Middle School
Public,6-81.5mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,6-81.7mi
2/10
Hosler Middle School
Public,7-81.8mi
6/10
South East High School
Public,9-120.2mi
6/10
South Gate Senior High School
Public,9-120.9mi
4/10
Lynwood High School
Public,9-122.1mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,6-122.6mi
Condition Rating
Fair

Built in 1923, this property's age suggests that while the exterior appears maintained, the interior, particularly the kitchen and bathrooms, likely requires significant updates to meet modern standards. The listing description focuses on versatility and potential, rather than recent renovations, and there are no interior images to assess current conditions. The property analysis also highlights 'Age-Related Maintenance & Updates' and 'Lack of Main House Renovation Details,' indicating that major components are functional but likely outdated, aligning with a 'Fair' condition score.
Pros & Cons

Pros

Versatile Living & Multi-Generational Potential: The property is explicitly designed for large or multi-generational families, featuring generous-sized bedrooms, large closets, and currently configured as two separate living areas, offering high functional flexibility.
Permitted Detached Unit: Includes a permitted 299 sq ft detached single unit with a 3/4 bath, providing immediate potential for additional living space, guest quarters, or rental income.
ADU Conversion Opportunity: A large 2-car detached garage presents excellent potential for conversion into an Accessory Dwelling Unit (ADU), workshop, or expanded storage, adding significant value and utility.
Ample Parking & Outdoor Amenities: Offers ample parking, including a carport, and a lovely outdoor space with mature lemon and grapefruit trees, ideal for relaxation and entertaining.
Convenient Location: Strategically located close to schools, shopping centers, parks, and public transportation, enhancing daily convenience and accessibility for residents.

Cons

Significant Valuation Discrepancy: The automated property estimation of $434,813.485 is substantially lower than the list price of $785,000, indicating a potential overvaluation or a need for strong justification of the asking price.
Age-Related Maintenance & Updates: Built in 1923, the property's age suggests potential for outdated systems (plumbing, electrical, HVAC) and a need for significant investment in modernization and general maintenance to meet contemporary standards.
Lack of Main House Renovation Details: While the detached unit is highlighted, the description lacks specific details on recent renovations or the current condition of the main 1808 sqft residence, which could imply a need for cosmetic or structural updates.

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