9234 Elizabeth Avenue, South Gate, California 90280, South Gate, 90280 - 0 bed, 0 bath
Loading property details...
South Gate, California 90280
This Duplex Residential Income property is a Strong Value Opportunity, listed at $815,000—positioned well below the $792,195 Fair Market Value by -2%. Featuring a Condition Rating of 3, this well-maintained asset offers a rare "house hack" configuration with no common walls and separate utility meters. The front unit will be delivered vacant, providing immediate flexibility for an Owner-Occupant to reside on-site while collecting rent. With a private patio and proximity to local schools, this is an ideal acquisition for Buy-and-Hold Investors seeking stable, low-maintenance rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9234 Elizabeth Avenue Subject | $815,000* List Price | 0 | 0 | 1,608 | $493 | - |
A 10106 Capistrano Ave Sold | $853,000 | 0 | 0 | 1,688 | $505 | 0.7 mi |
B 8148 Madison Ave Active Under Contract | $810,000 List Price | 3 | 2 | 1,623 | $499 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1955, the property is described as exceptionally maintained and move-in ready. It features newer windows, central AC/heat in the rear unit, and well-kept exteriors, suggesting a renovation or consistent maintenance within the 5-15 year range.
The front unit will be delivered vacant at the close of escrow, providing an ideal opportunity for a buyer to live in one home while using the rental income from the second unit to offset the mortgage.
Unlike traditional duplexes, these units have no common walls, offering a detached-style living experience that increases tenant retention and provides a sense of single-family home privacy.
The property features separate gas and water meters for each unit, significantly reducing landlord overhead and simplifying utility management for both the owner and tenants.
While the back unit is upgraded with central AC and heat, the front unit lacks these modern systems, which may necessitate future capital expenditure to maintain competitive rental value.
With two residences and multiple garages situated on a 4,148 sqft lot, the available yard space is relatively compact, which may be a drawback for occupants seeking significant private outdoor areas.
WOW! The front is VACANT!!! Massive opportunity! Rare chance to own a beautifully maintained duplex featuring 2 homes on 1 lot with strong rental income and pride of ownership throughout! With a total of 1,608 Sqft, this property includes 2 spacious units, each approximately 804 Sqft with 2 bedrooms, 1 bathroom, a 1 car garage, interior washer and dryer hookups, newer windows, and separate gas and water meters. Each unit offers no common walls, creating added privacy and comfort. The back unit also features central AC and heat along with a private backyard patio area. HUGE BONUS! The front unit will be delivered VACANT at close of escrow, creating an incredible opportunity for an owner user looking to live in one unit while collecting rental income from the second unit, or for an investor seeking strong upside potential. There is additional parking behind each garage, offering plenty of extra parking space for tenants and guests. The property also offers easy, low maintenance upkeep, making it an ideal investment opportunity. Both units have been exceptionally maintained with strong rental income already in place. Centrally located near shopping centers, schools, parks, and major freeways. Schedule your private showing today! Don’t miss this incredible duplex offering strong income potential, pride of ownership, and a truly rare investment opportunity!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 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 | 1,608 | 1,650 | 40% |
| Lot Size | 4,148 | 5,467 | 7% |
| Price | $815.0K | $840.0K | 47% |
| Price per sq ft | $507 | $468 | 73% |
| Built year | 1955 | 1948 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 127 | 7% |
May 12, 2026
$815,000
Initial Listing
May 13, 2014
$389,000
Public Record
Nov 25, 2013
$297,500
Public Record