
South Gate, California 90280
This property presents a High-Potential Investment Opportunity with a List Price of $535,000—positioned well below the $548,460 Fair Market Value by 2%. This valuation gap offers $13,460 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a spacious 1,571 sqft layout within the Downey Unified School District, this probate asset requires a full rehab to modernize its original 1973 systems. It is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9614 Karmont Subject | $499,900* List Price | 2 | 2 | 1,571 | $341 | - |
A 5950 Imperial Sold | $595,888 | 3 | 3 | 1,560 | $382 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 (53 years old) and listed as a probate property, this townhouse likely features original, outdated kitchens and bathrooms. The exterior shows aged wood siding and original aluminum windows, suggesting that the interior and major systems likely require a full rehab to meet modern standards.
Boasting over 1,500 square feet, this townhouse offers a significantly larger interior footprint than typical two-bedroom units in the area, providing a spacious feel.
The floor plan features one bedroom and one bathroom on each level, offering excellent privacy for roommates or a perfect setup for a home office.
The property is situated within the highly-regarded Downey Unified School District, a major selling point that enhances long-term value and attracts families.
As a probate property, the transaction may involve court confirmation and a potentially longer closing timeline compared to traditional residential sales.
Despite the large square footage, the two-bedroom configuration may limit the buyer pool, particularly for larger families seeking more sleeping quarters.
Probate property, 1546 living square feet two bedrooms, one upstairs, one downstairs, two bathrooms, one upstairs, one downstairs,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,571 | 1,500 |
| Lot Size | 1,546 | 1,532.667 |
| Price | $499.9K | $623.4K |
| Price per sq ft | $318 | $413 |
| Built year | 1973 | 1975 |
| HOA | $288.0 | $356 |
| Days on market | 15 | 128 |
Sep 3, 2026
$499,900
$535,000
-7% Price Drop
Initial Listing
Aug 25, 2026
$535,000
Initial Listing