9234 Elizabeth Avenue, South Gate, California 90280, South Gate, 90280 - 0 bed, 0 bath
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South Gate, California 90280
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $901,153 Fair Market Value by 11%. This valuation gap offers $102,153 in Instant Equity. The property features a Condition Rating of 3, offering move-in ready interiors with newer windows and a private patio. With the front unit delivered vacant, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a centrally located South Gate neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9234 Elizabeth Avenue Subject | $799,000* List Price | 0 | 0 | 1 | $901,153 | - |
A 10231 San Carlos Sold | $877,000 | 0 | 0 | 1 | $877,000 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with recent cosmetic updates including new laminate flooring, fresh paint, recessed lighting, and newer windows. While the kitchen cabinetry and wall heaters are dated, the overall condition is functional and clean, with the added benefit of central HVAC in the rear unit.
The front unit is delivered vacant at close of escrow, offering a rare chance for a buyer to occupy one home while offsetting their mortgage with rental income from the second unit.
The property features two detached homes with no common walls and separate gas and water meters, providing a single-family residential feel that is highly attractive to tenants.
Each unit includes a private one-car garage plus additional off-street parking, along with interior laundry hookups and newer windows, significantly increasing the property's functional value.
While the back unit features central AC and heat, the front unit lacks these upgrades, which may necessitate future capital expenditure to maintain competitive rental rates.
At approximately 804 square feet per unit, the living spaces are relatively small, which may limit appeal for larger households or tenants seeking more expansive interior layouts.
WOW Front unit 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 |
|---|---|---|
| Beds | 0.0 | 2.5 |
| Baths | 0.0 | 2.0 |
| Square foot | 1 | 1,623 |
| Lot Size | 4,148 | 6,001 |
| Price | $799.0K | $891.5K |
| Price per sq ft | $799.0K | $80.1K |
| Built year | 1955 | 1927 |
| HOA | $0 | $0 |
| Days on market | 34 | 74 |
Jun 18, 2026
$799,000
Initial Listing
May 13, 2014
$389,000
Public Record
Nov 25, 2013
$297,500
Public Record