
South Gate, California 90280
This 2-bedroom townhouse represents a Strong Value Opportunity, listed at a List Price of $495,500—positioned well below the $555,568 Fair Market Value by 10%. This valuation gap provides $60,068 in Instant Equity for the buyer. With a Condition Rating of 4, the property offers a functional 2.5-bath layout and low $225 HOA fees. While the 1989 construction suggests potential for modernization, the location provides access to the Los Angeles Unified school district. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the South Gate market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9864 California 18 Subject | $495,500* List Price | 2 | 3 | 1,246 | $446 | - |
A 9826 California Sold | $620,000 | 3 | 3 | 1,367 | $454 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is past the 20-year mark for 'Fair' condition. While the interior shows some updates like newer laminate flooring and recessed lighting, the exterior and overall age suggest that major systems (HVAC/Electric) and kitchen/bath components are likely dated and approaching the end of their functional lifespan, requiring minor repairs or modernization.
The 2.5-bathroom configuration is a significant advantage for a two-bedroom residence, offering enhanced privacy for occupants and a dedicated powder room for guests.
Priced under $500,000 in the Los Angeles County market, this property represents an accessible entry point for first-time buyers or investors seeking a turnkey-ready townhouse.
The monthly HOA fee of $225 is notably low for the region, contributing to a more affordable total monthly carrying cost compared to similar developments.
The property lacks any significant views, which may impact its aesthetic appeal and long-term appreciation potential compared to units with park or city outlooks.
Built in 1989, the home may require capital improvements or cosmetic modernization to meet the expectations of buyers looking for contemporary finishes.
Welcome to 9864 California Ave, a well-positioned South Gate condominium offering an appealing blend of comfort, functionality, and value. Built in 1989, this 2-bedroom, 2.5-bath residence features approximately 1,246 square feet of living space, providing a versatile floor plan well suited for everyday living and entertaining. The thoughtfully sized layout includes two bedrooms, two full bathrooms, and a convenient additional half bath. The property offers a comfortable residential setting with room to enjoy the benefits of condo living. Conveniently located in South Gate, the home provides access to nearby shopping, dining, schools, parks, and major transportation corridors, making it an attractive opportunity for first-time buyers, downsizers, or anyone looking to own in the Los Angeles County market. Access to original photos: https://drive.google.com/drive/folders/1D8S4UltuZzJIF8wSSVth3fuBdT8FkSU-?usp=sharing
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,246 | 1,500 |
| Lot Size | 37,535 | 1,532.667 |
| Price | $495.5K | $623.4K |
| Price per sq ft | $398 | $413 |
| Built year | 1989 | 1975 |
| HOA | $225.0 | $356 |
| Days on market | 13 | 128 |
Aug 27, 2026
$495,500
Initial Listing
Jul 18, 2002
$172,000
Public Record
Feb 28, 2001
$135,500
Public Record