
South Gate, California 90280
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well above the $628,522 Fair Market Value by 15%. While the property requires significant rehabilitation given its Condition Rating of 5, the SGR3 Zoning and 7,539 Sq Ft corner lot offer substantial value-add potential through ADU development. Generating $5,125 in monthly rental income, this asset provides immediate cash flow for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in the well-connected Hollydale neighborhood.
Property is extensive renovation needed.
Built in 1944, this property is over 80 years old with no mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric). Based on the age-based criteria (>30y) and the listing's focus on 'future upside' and 'non-conforming' structures, the property likely requires significant rehabilitation to meet modern standards.
The property generates a robust $5,125 in monthly rental income from day one, offering investors an excellent immediate return on investment and strong cash flow.
Situated on a large 7,539 Sq Ft corner lot with SGR3 zoning, the detached two-car garage presents a prime opportunity for an ADU conversion to further increase density and value.
Located in the sought-after Hollydale neighborhood with proximity to four major freeways (710, 105, 110, and 5), the property ensures high tenant demand and convenient commuter access.
The inclusion of a non-conforming studio may present challenges with traditional financing and could require future legalizations or modifications to comply with local building codes.
With only 1,282 total square feet divided among multiple units, the individual living spaces are relatively small, which may limit appeal for tenants seeking more spacious accommodations.
Act Fast: Rare opportunity to own a multi-unit income-producing property in the highly desirable Hollydale neighborhood of South Gate. Situated on a 7,539 Sq Ft corner lot with SGR3 zoning, this property features a single-family residence, detached rear unit, detached 2-car garage, and a non-conforming studio, offering immediate rental income with future upside. The units are tenant occupied and generating approximately $5,125 per month in combined rental income, making this an excellent opportunity for buyers seeking immediate cash flow from day one. One of the units may be delivered vacant, creating flexibility for the buyer who wants to occupy a unit while offsetting the mortgage with rental income already in place. The detached 2-car garage offers potential ADU possibilities (buyer to verify), adding additional value and expanded use potential. Positioned on a prime corner lot in one of Hollydale’s most sought-after residential pockets, this property offers the key elements today’s buyers look for: income, flexibility, future potential, and long-term value. Ideal for the buyer seeking an investment property, multi-generational living setup, or a primary residence with built-in rental income. Conveniently located near shopping, dining, parks, schools, and major commuter access including the 710, 105, 110, and 5 freeways, offering easy access to everyday conveniences and neighborhood amenities.
No exterior & parking available.
Grades K-3 • 1.4 mi
Grades 4-5 • 1.7 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,282 | 1,650 | 27% |
| Lot Size | 7,539 | 5,774 | 73% |
| Price | $725.0K | $840.0K | 40% |
| Price per sq ft | $566 | $468 | 87% |
| Built year | 1944 | 1946 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 127 | 7% |
May 22, 2026
$725,000
Initial Listing
Jan 26, 2018
$475,000
Public Record
Nov 24, 2008
$335,000
Public Record