8148 Madison Avenue, South Gate, California 90280, South Gate, 90280 - bed, bath
ACTIVE$789,000
8148 Madison Avenue, South Gate, California 90280
0Bed
0Bath
1,623Sqft
6,003Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, explicitly marketed for its significant rental income potential, making it attractive to investors.
Top Cons:
Age of Property: Built in 1927, the property is nearly a century old, which may imply outdated infrastructure, systems, and potential for higher maintenance costs.
Compared to the nearby listings
Price:$789.0K vs avg $789.0K (+$0)50%
Size:1,623 sqft vs avg 1,614 sqft54%
Price/sqft:$486 vs avg $48650%
More Insights
Built in 1927 (98 years old).
Condition: Built in 1927, this property is aged but appears maintained. The kitchen features newer stainless steel appliances but is significantly outdated with yellow cabinets, tile countertops, and a floral tile backsplash. Flooring is a mix of newer laminate in some areas and very dated, worn tile/linoleum in others. One room has extensive wood paneling and a visible window AC unit, indicating a lack of central cooling. While functional, the property requires substantial cosmetic updates and potential system upgrades to meet modern standards.
Year Built
1927
Close
-
List price
$789K
Original List price
$789K
Price/Sqft
$486
HOA
-
Days on market
-
Sold On
-
MLS number
DW25104192
Home ConditionFair
Features
View-
About this home
Charming South Gate Duplex with so much rental income potential! Located in a quiet, desirable neighborhood, this well-kept duplex features a two-car detached garage plus a bonus room —both offering great potential for an ADU conversion. Close to schools, parks, and shopping centers, this property is perfect for investors or multi-generational living.
Nearby schools
4/10
State Street Elementary School
Public,•K-5•0.1mi
5/10
Independence Elementary School
Public,•K-5•0.2mi
4/10
Liberty Boulevard Elementary School
Public,•K-5•0.6mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•0.7mi
7/10
Willow Elementary
Public,•K-5•0.7mi
4/10
Stanford Avenue Elementary School
Public,•K-5•0.9mi
7/10
Victoria Avenue Elementary School
Public,•K-5•1.0mi
5/10
Madison Elementary School
Public,•K-5•1.1mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.3mi
4/10
San Miguel Elementary School
Public,•K-5•1.4mi
7/10
Bryson Avenue Elementary School
Public,•K-5•1.6mi
3/10
Roosevelt Elementary School
Public,•K-6•2.0mi
6/10
Thurgood Marshall Elementary School
Public,•K-5•2.1mi
5/10
Tweedy Elementary School
Public,•K-5•2.1mi
4/10
Lugo Elementary School
Public,•K-6•2.6mi
5/10
South Gate Middle School
Public,•6-8•1.0mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•1.3mi
2/10
Southeast Middle School
Public,•6-8•1.3mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.9mi
2/10
Hosler Middle School
Public,•7-8•2.5mi
6/10
South Gate Senior High School
Public,•9-12•0.5mi
6/10
South East High School
Public,•9-12•1.3mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.4mi
4/10
Lynwood High School
Public,•9-12•2.4mi
Condition Rating
Fair
Built in 1927, this property is aged but appears maintained. The kitchen features newer stainless steel appliances but is significantly outdated with yellow cabinets, tile countertops, and a floral tile backsplash. Flooring is a mix of newer laminate in some areas and very dated, worn tile/linoleum in others. One room has extensive wood paneling and a visible window AC unit, indicating a lack of central cooling. While functional, the property requires substantial cosmetic updates and potential system upgrades to meet modern standards.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, explicitly marketed for its significant rental income potential, making it attractive to investors.
ADU Conversion Potential: Features a two-car detached garage and a bonus room, both offering excellent potential for an Accessory Dwelling Unit (ADU) conversion, enhancing future value and income.
Desirable Neighborhood: Located in a quiet and desirable neighborhood in South Gate, contributing to its appeal for residents.
Proximity to Amenities: Conveniently situated close to schools, parks, and shopping centers, providing ease of access for daily needs.
Versatile Living Options: Ideal for both investors seeking rental income and families looking for multi-generational living arrangements.
Cons
Age of Property: Built in 1927, the property is nearly a century old, which may imply outdated infrastructure, systems, and potential for higher maintenance costs.
Unspecified Modern Updates: While described as 'well-kept,' the listing does not detail recent major renovations or modern upgrades, suggesting potential for significant investment to meet contemporary living standards.
Compact Unit Sizes: With a total of 1623 sqft for a duplex, individual units are likely to be relatively compact, which might not appeal to all prospective tenants or buyers.