3123 Missouri Avenue, South Gate, California 90280, South Gate, 90280 - bed, bath
ACTIVE$749,000
3123 Missouri Avenue, South Gate, California 90280
0Bed
0Bath
2,328Sqft
5,476Lot
Year Built
1923
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$322
HOA
-
Days on market
-
Sold On
-
MLS number
PW25187080
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $749.0K(46th), sqft - 2328(62th), beds - undefined(50th), baths - undefined(50th).
Investors attention. This 3 unit property in Southgate is a fixer in need of repairs. 3- 2 bedroom 1 bath plus a 1 car garage.(Possible ADU?), and 2 carports. Nice full size lot with a small backyard behind the house in the rear. Convenient location close to Long Beach Blvd. and the services there. Long term tenants would love to stay if possible. Will not be delivered vacant. Absolutely DO NOT walk on the property. Please respect the tenants who live there. Thank you.
Nearby schools
5/10
Madison Elementary School
Public,•K-5•0.1mi
6/10
Montara Avenue Elementary School
Public,•K-6•0.3mi
7/10
Victoria Avenue Elementary School
Public,•K-5•0.3mi
4/10
Stanford Avenue Elementary School
Public,•K-5•0.3mi
7/10
Willow Elementary
Public,•K-5•0.6mi
4/10
San Miguel Elementary School
Public,•K-5•0.9mi
5/10
Independence Elementary School
Public,•K-5•0.9mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•0.9mi
4/10
Liberty Boulevard Elementary School
Public,•K-5•1.0mi
4/10
State Street Elementary School
Public,•K-5•1.1mi
6/10
Thurgood Marshall Elementary School
Public,•K-5•1.2mi
3/10
Roosevelt Elementary School
Public,•K-6•1.3mi
7/10
Bryson Avenue Elementary School
Public,•K-5•1.4mi
5/10
Tweedy Elementary School
Public,•K-5•2.0mi
4/10
Lugo Elementary School
Public,•K-6•2.1mi
2/10
Southeast Middle School
Public,•6-8•0.6mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.1mi
5/10
South Gate Middle School
Public,•6-8•1.1mi
2/10
Hosler Middle School
Public,•7-8•1.6mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•1.9mi
6/10
South East High School
Public,•9-12•0.4mi
6/10
South Gate Senior High School
Public,•9-12•0.6mi
4/10
Lynwood High School
Public,•9-12•1.8mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.2mi
Price History
Date
Event
Price
08/19/25
Listing
$749,000
Condition Rating
Poor
The property, built in 1923, is explicitly described as 'a fixer in need of repairs,' indicating substantial rehabilitation is required. The exterior images show an aged building with no apparent modern updates, consistent with its age. Without interior photos, it's highly probable that the kitchen, bathrooms, and all major systems (electrical, plumbing, HVAC) are severely outdated and require complete renovation or replacement. The instruction 'Absolutely DO NOT walk on the property' further suggests significant issues or an unpresentable state, aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
Income Potential: A three-unit residential income property, offering diversified rental income streams for investors.
Value-Add Opportunity: The presence of a 1-car garage presents a strong possibility for an Accessory Dwelling Unit (ADU) conversion, significantly increasing future income and property value.
Stable Income: Existing long-term tenants express a desire to stay, providing immediate and stable rental income without the need for new tenant acquisition.
Location & Accessibility: Strategically located near Long Beach Blvd. and essential services, enhancing tenant desirability and property accessibility.
Property Features: A full-size lot of 5,476 sqft provides ample space, potential for outdoor amenities, or future expansion.
Cons
Condition & Capital Expenditure: Described as a 'fixer in need of repairs,' indicating substantial deferred maintenance and requiring significant capital investment for renovation.
Occupancy & Control: The property will not be delivered vacant, limiting immediate renovation options and tenant selection for a new owner.
Due Diligence Challenges: Strict instructions against walking on the property pose challenges for thorough inspections, appraisals, and buyer due diligence prior to purchase.