8693 San Carlos Avenue, South Gate, California 90280, South Gate, 90280 - 4 bed, 2 bath
ACTIVE$775,000
8693 San Carlos Avenue, South Gate, California 90280
4Beds
2Baths
1,303Sqft
5,992Lot
Price Vs. Estimate
The estimated value ($548,404.495) is $226,595.505 (29%) lower than the list price ($775,000). This property may be overpriced.
Key pros and cons
Top Pros:
Modernized Interior: Recently remodeled kitchen with granite counters, updated bathrooms, and custom flooring offer a fresh, move-in ready appeal.
Top Cons:
Significant Overpricing: The list price of $775,000 is considerably higher than the estimated property value of $548,404, suggesting a potential overvaluation compared to market comparables.
Compared to the nearby listings
Price:$775.0K vs avg $710.0K (+$65,000)85%
Size:1,303 sqft vs avg 1,224.5 sqft57%
Price/sqft:$595 vs avg $54857%
More Insights
Built in 1924 (101 years old).
Condition: The property, built in 1924, has undergone significant renovations, including a remodeled kitchen with granite counters, stainless steel appliances, and wood-look laminate flooring throughout. The bathrooms are also remodeled and appear clean and functional. While the kitchen's style (dark cabinets, speckled granite, mosaic backsplash) suggests a renovation that is likely 10-15 years old rather than brand new, it is move-in ready with no immediate updates required. The presence of solar panels is a modern upgrade, and the overall condition appears well-maintained.
Year Built
1924
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$595
HOA
-
Days on market
-
Sold On
-
MLS number
DW25102175
Home ConditionGood
Features
View-
About this home
Great deal for first time buyers, 4 bedrooms 2 baths, remodeled kitchen with granite counters, remodeled baths, custom flooring, big back yard, nice front yard, 2 car detached garage, surround sound stay with property. Property has Solar Panels on a lease buyers would have to qualify with lease. Property sale is contingent on owners finding a replacement home and properties to close Concurrently.
Nearby schools
4/10
San Gabriel Avenue Elementary School
Public,•K-5•0.1mi
5/10
Independence Elementary School
Public,•K-5•0.5mi
7/10
Victoria Avenue Elementary School
Public,•K-5•0.7mi
4/10
San Miguel Elementary School
Public,•K-5•0.7mi
4/10
State Street Elementary School
Public,•K-5•0.8mi
5/10
Madison Elementary School
Public,•K-5•0.8mi
7/10
Bryson Avenue Elementary School
Public,•K-5•0.9mi
4/10
Stanford Avenue Elementary School
Public,•K-5•1.0mi
7/10
Willow Elementary
Public,•K-5•1.0mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.1mi
4/10
Liberty Boulevard Elementary School
Public,•K-5•1.1mi
3/10
Roosevelt Elementary School
Public,•K-6•1.4mi
5/10
Tweedy Elementary School
Public,•K-5•1.5mi
6/10
Thurgood Marshall Elementary School
Public,•K-5•1.5mi
4/10
Lugo Elementary School
Public,•K-6•1.9mi
5/10
South Gate Middle School
Public,•6-8•0.4mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.3mi
2/10
Southeast Middle School
Public,•6-8•1.4mi
2/10
Hosler Middle School
Public,•7-8•1.9mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•2.0mi
6/10
South Gate Senior High School
Public,•9-12•0.3mi
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•1.7mi
4/10
Lynwood High School
Public,•9-12•1.7mi
Price History
Date
Event
Price
11/07/11
Sold
$178,000
05/01/06
Sold
$463,000
12/03/03
Sold
$260,000
Condition Rating
Good
The property, built in 1924, has undergone significant renovations, including a remodeled kitchen with granite counters, stainless steel appliances, and wood-look laminate flooring throughout. The bathrooms are also remodeled and appear clean and functional. While the kitchen's style (dark cabinets, speckled granite, mosaic backsplash) suggests a renovation that is likely 10-15 years old rather than brand new, it is move-in ready with no immediate updates required. The presence of solar panels is a modern upgrade, and the overall condition appears well-maintained.
Pros & Cons
Pros
Modernized Interior: Recently remodeled kitchen with granite counters, updated bathrooms, and custom flooring offer a fresh, move-in ready appeal.
Spacious Living: With 4 bedrooms and 2 baths, the property provides ample space suitable for families or those needing extra rooms.
Generous Outdoor Areas: Features both a big backyard and a nice front yard, enhancing curb appeal and offering significant outdoor living potential.
Energy-Efficient Solar Panels: The inclusion of solar panels can lead to reduced electricity bills and a lower environmental footprint.
Detached 2-Car Garage: Offers convenient off-street parking, additional storage, and potential for future expansion or an Accessory Dwelling Unit (ADU).
Cons
Significant Overpricing: The list price of $775,000 is considerably higher than the estimated property value of $548,404, suggesting a potential overvaluation compared to market comparables.
Contingent Sale Condition: The sale is dependent on the owners finding a replacement home, which introduces uncertainty and could lead to extended closing times or even cancellation.
Solar Panel Lease Assumption: Buyers are required to qualify for and assume the existing solar panel lease, adding a long-term financial obligation to the purchase.