3284 Cherokee Avenue, South Gate, California 90280, South Gate, 90280 - 3 bed, 2 bath
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South Gate, California 90280
This Development-Ready Residential Asset is a Strong Value Opportunity, listed at $699,000—positioned well below the $756,928 Fair Market Value by 7%. This valuation gap provides $57,928 in Instant Equity. While maintaining a Fair Condition Rating requiring cosmetic TLC, the property features a Spacious Primary Suite and Zoning R3 on a 5,732 sqft lot, offering significant upside for an ADU or second unit. Located near Victoria Avenue Elementary, it balances rental-income potential with multi-generational living. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
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 | $580 | - |
A 10124 Pescadero Sold | $749,000 | 3 | 2 | 1,454 | $515 | 0.3 mi |
B 10130 Mallison Sold | $625,000 | 3 | 1 | 978 | $639 | 0.8 mi |
C 2914 Missouri Avenue Sold | $705,000 | 2 | 1 | 1,145 | $616 | 0.6 mi |
D 10307 10307 Alexander Sold | $695,000 | 3 | 1 | 1,009 | $689 | 1.0 mi |
E 2548 Missouri Avenue Active | $775,000 List Price | 3 | 2 | 1,345 | $576 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
Built in 1945, the home likely features older electrical, plumbing, and mechanical systems that may require inspection and costly upgrades during the renovation process.
Opportunity knocks, Back on Market! Buyer had personal issues and canceled escrow.. 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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,307 | 1,163 | 62% |
| Lot Size | 5,732 | 5,554.5 | 52% |
| Price | $699.0K | $702.5K | 46% |
| Price per sq ft | $535 | $587 | 40% |
| Built year | 1945 | 1941 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 172 | 6% |
Feb 26, 2026
$699,000
Initial Listing
Aug 6, 1997
$35,000
Public Record