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8178 Chestnut Ave, South Gate, CA, 90280

$995,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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8178 Chestnut Ave, South Gate$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built1924
MLS #CV24184828
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 8178 Chestnut Ave

Welcome to this beautiful property located in the heart of South Gate! The main house offers 4 spacious bedrooms and 2 full bathrooms, providing ample space for a growing family or hosting guests. Additionally, there is a charming, detached ADU (Accessory Dwelling Unit) featuring 1 bedroom and 1 bath, perfect for extended family, rental income, or a private home office. The property also boasts a detached 3-car garage with extra space for additional parking, ideal for multiple vehicles or storage needs. The large driveway adds to the convenience and offers even more parking options. The front yard is beautifully landscaped, creating fantastic curb appeal and a welcoming atmosphere. Don’t miss this opportunity to own a versatile property with both living and investment potential! This is a must-see for anyone looking for space, functionality, and beauty in South Gate

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2

Listing Office:

  • Office Name: OPTION ONE REALTY & INVESTMENT
  • Office Phone: (626) 625-7152
  • Listing Agent: Oscar Isidro Morales Limon

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: FROM 5 FREEWAY S. EXIT SOTO, LEFT ONTO FLORENCE, RIGHT ONTO MT. VIEW, LEFT ONTO SANTA ANA, RIGHT ONTO CHESTNUT

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000

Tax Information:

  • Annual Amount: $7,616
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in South Gate, CA.

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South Gate, CA

City

Med. Sold Price

$670K

Med. Price/SqFt

$526

Avg. Days On Market

13

# of Sold Homes

13

8178 Chestnut Ave vs South Gate

72 DAYS ON ROCKET

+59 Days

$995,000

+$325K More

KEY TAKEAWAY

This property is $325K more than the Median Sold Price in South Gate, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24184828

Listing Office:

  • Office Name: OPTION ONE REALTY & INVESTMENT
  • Office Phone: (626) 625-7152
  • Listing Agent: Oscar Isidro Morales Limon

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 06, 2007Home Sold
$470,000
Jan 05, 2006Home Sold
$485,000
Nov 13, 2003Home Sold
$240,000
Feb 24, 2003Home Sold
$263,000
May 20, 2002Home Sold
$185,000
Oct 07, 1999Home Sold
$149,000
Jun 28, 1996Home Sold
$139,000
Feb 26, 1993Home Sold
$42,000
Jun 22, 1989Home Sold
$148,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,616$600,000
2020$7,140$562,000
2019$6,266$562,000
2018$6,251$489,000
2017$6,251$489,000

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-380085
6
/10

  • Liberty Elementary School

  • 2728 Liberty Blvd

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-380086
3
/10

  • State Street Elementary School

  • 3211 Santa Ana St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-380087
5
/10

  • Independence Elementary & Magent School

  • 8435 Victoria Ave

  • 0.50 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,011. Residents of South Gate, CA typically earn between $35k-100k each year. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8178 Chestnut Ave

What is the listing price of this property?

The listing price of 8178 Chestnut Ave property is $995,000.

What type of property is this?

The property 8178 Chestnut Ave is a house located in South Gate, California, 90280.

Is this property for sale now?

Accepting Backup Offers: 8178 Chestnut Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,616 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 6, 2007 for $470,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 8178 Chestnut Ave is 1924.

Rocket Homes›California›Los Angeles County›South Gate›90280›8178 Chestnut Ave

This home is located at 8178 Chestnut Ave in South Gate, CA and zip code 90280 in the The Southeast neighborhood. This home, which was built in 1924, sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $995,000.

In October 2024 more than 10 listings in South Gate, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. Between September 2024 and October 2024, South Gate, CA real estate market has seen decrease in the number of listings by 8.9%. The median list price of listings available in October 2024 was $670,000, while the average time on the real estate market was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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