3284 Cherokee Avenue
South Gate, CA, 90280
$699,000
MLS: 26655607
Beds
3
Baths
2
Sq Ft
1,307
Lot
0.13 ac
Year Built
1945
MLS #
26655607
Days on Market
40
Listed
Feb 26, 2026
Description
Opportunity knocks, Back on Market! Buyer had personal issues and canceled escrow.. Primary Suite plus two bedrooms. R3 with Room to build an additional structure. There are other duplexes on the street. Quiet location, in the middle of the block. House needs a little TLC but does have some upgrades. Great opportunity to build an ADU or another unit. Perfect chance to build a compound to accommodate two families or add a rental for more income. Sweet house that has been well loved for many years. Probate but no court confirmation is required. Spacious Primary Suite towards the back of the house, oodles of closet space and a sliding glass door leading to back yard. Kitchen is bright and cheery, with a corner sink window and laundry room is adjacent with plenty of storage. Some of the window treatments in the house are managed by a remote. There is a combination of hardwood flooring and carpet throughout. There is a formal dining room that has a built in china cabinet plus a breakfast area in the kitchen. Lemon, Lime and Kumquat trees in large yard.
Location
South Gate, Los Angeles County, CA 90280
Open on Google Maps ↗Listed by: Ann Beck · Call It Closed International,Inc
Payment estimate
$5,156
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100
- Principal & Interest
- $3,865
- Property tax (1.25%)
- $728
- Homeowners insurance
- $300
- Mortgage insurance
- $262
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this South Gate home with as little as 3.5% down using an FHA loan — roughly $24,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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