
South Gate, California 90280
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well above the $977,506 Fair Market Value by -7%. Featuring a Versatile Unit Configuration with a 2-bed/1-bath house and two 1-bed/1-bath units, each with a Dedicated Garage, this property offers significant rental demand. With a Condition Rating of 4, the aging infrastructure provides a clear path for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in South Gate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5237 Duncan Subject | $1,050,000* List Price | 0 | 0 | 1,863 | $525 | - |
A 10551 Karmont Sold | $800,000 | 2 | 2 | 1,650 | $485 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1956 (68 years old) and the listing lacks any mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric). While the exterior appears maintained and the units are functional for a triplex, the age and lack of updates suggest the property is dated and requires minor repairs and modernization to meet current market standards.
The property features a highly desirable triplex layout consisting of a detached 2-bedroom front house and two 1-bedroom rear units, offering excellent flexibility for owner-occupants or multi-tenant rental income.
Each of the three units includes its own private garage, a premium feature for multi-family housing in South Gate that significantly enhances tenant retention and property value.
Situated on a generous 8,223 square foot lot, the property provides ample space between units and potential for future value-add improvements or ADU considerations.
With a construction date of 1956, the property likely requires ongoing maintenance or capital improvements to modernize major systems and interior finishes to meet current market standards.
While the property is conveniently located near several schools, many of the local elementary and middle schools carry lower performance ratings, which may affect appeal for long-term family tenants.
The property boasts a nice unit mix of a 2 bed/1 bath house in the front, plus two 1 bed/1 bath units in the rear. Each unit has a garage.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.5 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,863 | 1,623 |
| Lot Size | 8,223 | 6,001 |
| Price | $1.05M | $891.5K |
| Price per sq ft | $564 | $80.1K |
| Built year | 1956 | 1927 |
| HOA | $0 | $0 |
| Days on market | 3 | 74 |
Jul 19, 2026
$1,050,000
Initial Listing
Feb 6, 2020
$670,000
Public Record
Feb 4, 2005
$515,000
Public Record