
South Gate, California 90280
This Renovated Residential Income Duplex is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $881,813 Fair Market Value by 3%. This valuation gap provides $32,813 in Instant Equity for the incoming buyer. Despite its 1941 vintage, the property maintains a Move-In Ready Condition Rating featuring modern shaker cabinets, quartz countertops, and wood-look laminate flooring. Located within walking distance of South Gate Senior High School, the asset benefits from strong rental fundamentals and consistent housing demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8468 Virginia Subject | $849,000* List Price | 0 | 0 | 1,689 | $482 | - |
A 8148 Madison Ave Sold | $840,000 | 3 | 2 | 1,623 | $518 | 0.5 mi |
B 10106 Capistrano Ave Sold | $853,000 | 0 | 0 | 1,688 | $505 | 0.8 mi |
C 8469 Cypress Pending | $825,000 List Price | 0 | 0 | 1,807 | $457 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1941, the property has undergone extensive recent interior renovations. The units feature modern wood-look laminate flooring, recessed lighting, and crown molding. The kitchens are updated with contemporary white shaker cabinets, quartz countertops, and subway tile backsplashes. The property appears move-in ready with well-maintained finishes, though some appliances and the laundry area show slightly more age than a full 'excellent' renovation.
As a duplex in a high-demand rental corridor, this property offers immediate income potential and a solid long-term hold strategy for investors looking to expand their portfolio.
Conveniently situated near major freeways, shopping centers, and within walking distance to South Gate Senior High School, ensuring consistent tenant demand and high occupancy rates.
The property presents significant upside potential for cash flow growth and appreciation through strategic renovations and market-rate rent adjustments in a supply-constrained market.
Built in 1941, the property may require capital expenditures for modernizing systems or structural repairs typical of homes from this era to maintain its value.
While some local schools perform well, several nearby middle schools have low ratings, which may impact the property's appeal to families with school-aged children.
Prime investment opportunity in the heart of South Gate. This well-located duplex offers strong income potential in a high-demand market within Southeast Los Angeles. Ideal for investors seeking a solid long-term hold or value-add opportunity. Each unit features functional floor plans with comfortable living areas and private entrances. Positioned in a supply-constrained rental corridor, this asset presents excellent upside potential for cash flow growth and appreciation. Conveniently located near major freeways, shopping centers, schools, and local amenities, the property benefits from consistent housing demand and strong rental fundamentals. A compelling opportunity for investors looking to expand their portfolio in a proven Los Angeles County submarket.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.5 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,689 | 1,729.833 |
| Lot Size | 6,484 | 6,055.5 |
| Price | $849.0K | $946.9K |
| Price per sq ft | $503 | $464 |
| Built year | 1941 | 1940 |
| HOA | $0 | $0 |
| Days on market | 195 | 80 |
Feb 26, 2026
$849,000
Initial Listing
Sep 30, 2016
$420,000
Public Record
Jun 1, 1994
$125,000
Public Record