2500 Illinois Avenue, South Gate, California 90280, South Gate, 90280 - 5 bed, 3 bath
ACTIVE$849,000
2500 Illinois Avenue, South Gate, California 90280
5Beds
3Baths
2,165Sqft
5,355Lot
Year Built
1940
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$392
HOA
-
Days on market
-
Sold On
-
MLS number
MB25062563
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $849.0K(95th), sqft - 2165(93th), beds - 5(93th), baths - 3(90th).
Fantastic opportunity!!! You won't find a property of this size in this area of South Gate. With 5 super-spacious bedrooms and 3 bathrooms, this house is ideal for a large family. The house needs some cosmetic touches in some areas but with this build size, the house has a lot of potential. The two-car garage is ideal for an ADU construction project. In the front and back yard you will find fruit trees such as avocado, lemon, custard apple, apple and mispero. This huge house is located in the best area of South Gate.
Nearby schools
4/10
Stanford Avenue Elementary School
Public,•K-5•0.4mi
7/10
Willow Elementary
Public,•K-5•0.4mi
6/10
Montara Avenue Elementary School
Public,•K-6•0.7mi
4/10
Liberty Boulevard Elementary School
Public,•K-5•0.8mi
5/10
Madison Elementary School
Public,•K-5•0.8mi
7/10
Victoria Avenue Elementary School
Public,•K-5•1.0mi
5/10
Independence Elementary School
Public,•K-5•1.2mi
4/10
State Street Elementary School
Public,•K-5•1.2mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•1.5mi
4/10
San Miguel Elementary School
Public,•K-5•1.6mi
6/10
Thurgood Marshall Elementary School
Public,•K-5•1.8mi
3/10
Roosevelt Elementary School
Public,•K-6•2.0mi
7/10
Bryson Avenue Elementary School
Public,•K-5•2.0mi
5/10
Tweedy Elementary School
Public,•K-5•2.6mi
4/10
Lugo Elementary School
Public,•K-6•2.8mi
2/10
Southeast Middle School
Public,•6-8•0.4mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•1.4mi
5/10
South Gate Middle School
Public,•6-8•1.7mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.7mi
2/10
Hosler Middle School
Public,•7-8•2.1mi
6/10
South East High School
Public,•9-12•0.4mi
6/10
South Gate Senior High School
Public,•9-12•1.0mi
4/10
Lynwood High School
Public,•9-12•2.4mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.9mi
Price History
Date
Event
Price
03/21/25
Listing
$849,000
Condition Rating
Fair
Built in 1940, this property is significantly aged. The description explicitly states it 'needs some cosmetic touches in some areas,' which is consistent with a 'fair' condition requiring minor updates. Images reveal an aged exterior, dated dark carpeting, and old-style built-in cabinetry with a drawer that appears to be broken or not closing properly. While no images of the kitchen or bathrooms are provided, given the property's age and the general condition, these areas are highly likely to be outdated and require renovation. There's no indication of major structural defects or system failures that would classify it as 'poor,' but it's far from move-in ready by modern standards.
Pros & Cons
Pros
Exceptional Size & Layout: With 5 super-spacious bedrooms and 3 bathrooms across 2165 sqft, this house is ideal for a large family, offering significant living space rare for the area.
High Potential for Value Addition: The two-car garage is explicitly noted as ideal for an ADU (Accessory Dwelling Unit) construction project, offering significant potential for increased property value and rental income.
Prime Location: Located in 'the best area of South Gate,' suggesting desirability, good neighborhood amenities, and potentially strong appreciation.
Mature Fruit Trees: The front and back yards feature established fruit trees such as avocado, lemon, custard apple, apple, and mispero, adding unique charm and practical value.
Investment Opportunity: Described as a 'fantastic opportunity' with 'a lot of potential' due to its build size, indicating a property ripe for renovation and value appreciation.
Cons
Cosmetic Updates Required: The property 'needs some cosmetic touches in some areas,' implying immediate renovation costs and effort for the buyer to modernize or personalize.
Older Construction: Built in 1940, the property may have older systems (e.g., plumbing, electrical, HVAC) that could require significant upgrades or maintenance in the near future, despite its potential.
Potential Overvaluation: The listing price ($849,000) is notably higher than the property's estimated value ($747,507.175), suggesting it may be priced above current market expectations or require strong justification.