8480 Virginia, South Gate, CA 90280
- $899,000
- List Price
- $899,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- PW26102813
- Year Built
- 1949
- Lot Size
- 4,794
- Acres
- 0.11
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 77
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
FIRST TIME ON THE MARKET IN OVER 40 YEARS! Rare South Gate 4-unit investment opportunity with significant upside potential. Pride of long-term ownership. This well-located multi-family property at 8480 Virginia Ave offers a compelling value-add opportunity for investors, owner-users, or buyers looking to reposition rents over time (buyer to verify local rent regulations). Currently tenant-occupied with below-market rents, this property presents immediate income with strong future upside. Situated in a convenient South Gate location near shopping, schools, major freeways, and everyday amenities. Opportunities like this—held by the same ownership for decades—rarely come available. 4 -1bed 1bath Ideal for investors seeking long-term appreciation, income growth potential, or owner-users looking to offset ownership costs with rental income. Drive-by only. Please do not disturb occupants. Buyer to independently verify all income, expenses, permits, square footage, and rent control applicability. Property Conveyed in Present “As-Is” Condition*
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Additional Information
- Pool Description
- None
- Heat
- Central, Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $50,400
Listing courtesy of Listing Agent: Leah Ivy Chang (LeahChangRealty@gmail.com) from Listing Office: Redpoint Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.