
South Gate, California 90280
This Value-Add Residential Asset presents a Strong Value Opportunity with a List Price of $570,000—positioned well below the $625,928 Fair Market Value by 8%. This valuation gap offers $55,928 in Instant Equity for buyers ready to complete the ongoing renovation. Currently in a gutted Condition Rating of 5, the property features desirable R3 Zoning on a 6,013 sqft lot, providing significant multi-unit development potential. Located steps from San Gabriel Avenue Elementary, this blank canvas is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8669 San Gabriel Subject | $570,000* List Price | 3 | 2 | 1,254 | $499 | - |
A 8453 Cypress Sold | $630,000 | 3 | 2 | 1,173 | $537 | 0.9 mi |
B 9505 Bryson Sold | $655,000 | 2 | 1 | 1,118 | $586 | 0.8 mi |
C 9623 Hunt Active | $550,000 List Price | 2 | 1 | 1,300 | $423 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1922 property is currently in a gutted, mid-renovation state and is not habitable. The interior is a 'blank canvas' with no functional kitchen or bathrooms, exposed wall studs, unfinished drywall, and missing ceilings in several areas. While some new subflooring and drywall have been installed, the home requires a total rehabilitation of all major systems, fixtures, and finishes to be livable.
The property features desirable R3 zoning on a 6,013 sqft lot, offering significant upside for investors or developers to explore multi-unit residential projects subject to city approval.
Ideally situated in the heart of South Gate, the home is exceptionally close to local schools, including San Gabriel Avenue Elementary just 0.02 miles away, and various neighborhood amenities.
Serving as a 'blank canvas,' this property allows homeowners or investors to fully customize the interior layout and design to modern tastes and standards.
Built in 1922, the home is marketed as a renovation project, likely requiring substantial capital investment to update aging systems and structural elements.
Given its century-old construction, the property may face challenges with modern building code compliance and energy efficiency compared to newer developments in the area.
Opportunity knocks in the heart of South Gate! This property sits on a spacious lot with desirable R3 zoning, offering incredible potential for homeowners, investors, and developers alike. Whether you're looking to renovate and customize your dream home or explore multi-unit development possibilities (subject to city approval), this is a chance you don’t want to miss. The home is the perfect blank canvas to design to your personal taste and vision. With its generous lot size, there’s ample space to expand, add units, or create a modern living environment tailored to today’s needs. Ideally located near local schools, convenient transportation options, and a variety of popular eateries and neighborhood businesses, this property combines location, flexibility, and upside potential. Bring your imagination and unlock the possibilities—properties with this kind of opportunity are rare!
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 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 | 1,254 | 1,163 | 60% |
| Lot Size | 6,013 | 5,554.5 | 62% |
| Price | $570.0K | $702.5K | 14% |
| Price per sq ft | $455 | $587 | 20% |
| Built year | 1922 | 1940 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 172 | 2% |
Apr 10, 2026
$570,000
Initial Listing
Nov 2, 2023
$489,000
Public Record
Aug 23, 2023
$465,000
Public Record
Dec 28, 2009
$250,000
Public Record
Oct 31, 2005
$472,000
Public Record