3284 Cherokee Avenue, South Gate, California 90280, South Gate, 90280 - 3 bed, 2 bath
3284 Cherokee Avenue
South Gate, California 90280
Property Price
SUMMARY
Analysis of 3284 Cherokee Avenue, South Gate, California 90280 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $756,928 Fair Market Value by 7%. This valuation gap indicates a +$57,928 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the South Gate Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3284 Cherokee Avenue Subject | $699,000* List Price | 3 | 2 | 1,307 | $579 | - |
A 2914 Missouri Avenue Sold | $705,000 | 2 | 1 | 1,145 | $616 | 0.6 mi |
B 3011 Indiana Avenue Sold | $630,000 | 2 | 1 | 1,248 | $505 | 0.5 mi |
C 10307 10307 Alexander Sold | $695,000 | 3 | 1 | 1,009 | $689 | 1.0 mi |
D 9525 Dearborn Avenue Sold | $611,000 | 2 | 1 | 943 | $648 | 0.6 mi |
E 10427 San Luis Avenue Sold | $720,000 | 3 | 2 | 1,456 | $495 | 0.6 mi |
F 2548 Missouri Avenue Active | $750,000 List Price | 3 | 2 | 1,345 | $558 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1945, this property is described as 'well loved' and needing 'TLC,' which typically indicates a home that is functional but dated. The kitchen features older tile countertops and white appliances rather than modern stainless steel, and the interior shows a mix of original hardwood and older carpeting. While the primary suite and remote-controlled window treatments are upgrades, the overall style of the bathrooms and kitchen, combined with the age of the structure and likely older mechanical systems, fits the criteria for a fair condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
Zoned R3 on a 5,732 sqft lot, this property offers a significant opportunity to build an ADU or a second unit, perfect for creating a multi-family compound or generating rental income.
- Streamlined Probate Sale
As a probate sale that does not require court confirmation, the transaction process is simplified, allowing for a faster and more predictable closing compared to traditional probate listings.
- Functional Primary Suite
The home features a spacious primary suite positioned at the rear for privacy, complete with ample closet space and a sliding glass door that provides direct access to the backyard.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted as needing 'TLC,' indicating that buyers should budget for immediate cosmetic repairs and potential structural or system updates to bring it to modern standards.
- Aged Infrastructure
Built in 1945, the home likely features older electrical, plumbing, and mechanical systems that may require inspection and costly upgrades during the renovation process.
About 3284 Cherokee Avenue
Primary Suite plus two bedrooms. R3 with Room to build an additional structure. There are other duplexes on the street. Quiet location, in the middle of the block. House needs a little TLC but does have some upgrades. Great opportunity to build an ADU or another unit. Perfect chance to build a compound to accommodate two families or add a rental for more income. Sweet house that has been well loved for many years. Probate but no court confirmation is required. Spacious Primary Suite towards the back of the house, oodles of closet space and a sliding glass door leading to back yard. Kitchen is bright and cheery, with a corner sink window and laundry room is adjacent with plenty of storage. Some of the window treatments in the house are managed by a remote. There is a combination of hardwood flooring and carpet throughout. There is a formal dining room that has a built in china cabinet plus a breakfast area in the kitchen. Lemon, Lime and Kumquat trees in large yard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 5,732 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
South Gate Unified Schools
Madison Elementary School
Grades K-5 • 0.4 mi
Montara Avenue Elementary School
Grades K-6 • 0.4 mi
Victoria Avenue Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,307 | 1,169.5 | 62% |
| Lot Size | 5,732 | 5,580 | 54% |
| Price | $699.0K | $697.0K | 50% |
| Price per sq ft | $535 | $546 | 46% |
| Built year | 1945 | 1941 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 182 | 4% |
Pricing History
Listed for Sale
Feb 26, 2026
$699,000
Initial Listing
Sold
Aug 6, 1997
$35,000
Public Record