8160 Chestnut Avenue, South Gate, California 90280, South Gate, 90280 - 5 bed, 3 bath
ACTIVE$700,000
8160 Chestnut Avenue, South Gate, California 90280
5Beds
3Baths
1,410Sqft
6,002Lot
Year Built
1926
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$496
HOA
-
Days on market
-
Sold On
-
MLS number
CV25015990
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $700.0K(38th), sqft - 1410(50th), beds - 5(92th), baths - 3(85th).
!!Great opportunity for investment!! This Duplex consists of detached front and back units, each with it's own utility meters. Spaced out enough to allow some privacy between the units. The front unit with 2 bedrooms, 2 baths has had some renovation in recent years. The back unit with an oversized patio has 3 bedrooms and 1 bath. Although the back unit is in need of some TLC it has potential for improvement. The property features a fenced, manicured front yard and a driveway that accommodates for plenty of parking. In a residential living area conveniently located near shopping, restaurants and schools makes for a great investment!
Nearby schools
4/10
Liberty Boulevard Elementary School
Public,•K-5•0.2mi
4/10
State Street Elementary School
Public,•K-5•0.4mi
5/10
Independence Elementary School
Public,•K-5•0.5mi
7/10
Willow Elementary
Public,•K-5•0.6mi
4/10
Stanford Avenue Elementary School
Public,•K-5•0.8mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•1.0mi
5/10
Madison Elementary School
Public,•K-5•1.1mi
7/10
Victoria Avenue Elementary School
Public,•K-5•1.1mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.2mi
4/10
San Miguel Elementary School
Public,•K-5•1.6mi
7/10
Bryson Avenue Elementary School
Public,•K-5•1.9mi
6/10
Thurgood Marshall Elementary School
Public,•K-5•2.2mi
3/10
Roosevelt Elementary School
Public,•K-6•2.2mi
5/10
Tweedy Elementary School
Public,•K-5•2.4mi
4/10
Lugo Elementary School
Public,•K-6•2.8mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•1.0mi
2/10
Southeast Middle School
Public,•6-8•1.2mi
5/10
South Gate Middle School
Public,•6-8•1.3mi
2/10
Cesar Chavez Middle School
Public,•6-8•2.0mi
2/10
Hosler Middle School
Public,•7-8•2.6mi
6/10
South Gate Senior High School
Public,•9-12•0.7mi
6/10
South East High School
Public,•9-12•1.2mi
4/10
Lynwood High School
Public,•9-12•2.6mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.7mi
Condition Rating
Poor
Built in 1926, this duplex shows significant age and condition disparity between its units. While the front unit appears to have had some recent cosmetic renovations (dated but functional kitchen and bathroom, decent flooring), the back unit is explicitly described as needing 'TLC' and its images confirm a very poor condition. The back unit's kitchen features extremely old, worn cabinets and appliances, and the bathroom is similarly outdated and worn, requiring substantial repairs and rehabilitation. The overall property condition is heavily influenced by the back unit's state, pushing it into the 'poor' category, as it requires significant investment to bring both units to a consistent, livable standard.
Pros & Cons
Pros
Income-Generating Duplex: The property is a detached duplex, offering two distinct rental units and a clear opportunity for dual income streams.
Separate Utility Meters: Each unit features its own utility meters, simplifying tenant billing and reducing landlord management responsibilities.
Partially Renovated Front Unit: The front unit has undergone recent renovations, making it more attractive to tenants and potentially reducing immediate capital expenditure for the owner.
Desirable Location: Strategically located near shopping, restaurants, and schools, enhancing tenant demand and property value.
Ample Parking & Curb Appeal: Features a spacious driveway accommodating multiple vehicles and a fenced, manicured front yard, adding practical value and aesthetic appeal.
Cons
Back Unit Requires Renovation: The back unit is explicitly noted as 'in need of some TLC,' indicating a significant renovation project and associated costs for the new owner.
Historic Property Age: Built in 1926, the property's age suggests potential for outdated infrastructure, systems, and higher long-term maintenance requirements.
Potential for Unforeseen Expenses: The need for 'TLC' in one unit, combined with the property's age, implies a higher likelihood of discovering additional maintenance or upgrade needs post-purchase.