8480 Virginia, South Gate, CA 90280
- $899,000
List Agent Leah Ivy Chang () Redpoint Realty; CoList ()
- List Price
- $899,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- PW26102813
- Year Built
- 1949
- Lot Size
- 4,794
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 79
- 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*
Additional Information
- Pool Description
- None
- Heat
- Central, Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.