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$1,299,500   Price Analysis
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8927 Virginia Ave
South Gate, CA 90280
8 bed 4 bath 3,016 SqFt ($430/SqFt)
3,861SqFt lot. Built 1959
Listed 2024-05-17, Taxes $5,346
Ⓧ USDA Ineligible
due to price & location

near South Gate

We are pleased to exclusively offer for sale this 4-Unit Multi-family investment property in the City of South Gate.

This property features four 2 bedrooms-1 bath units. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Collectively offering 3, 016 square feet of rental space a 3861 square foot lot.

Located near local parks and recreations nearby, accessibility to bus transportation and schools at walking distance, near the City Hall and to the attractive Azalea Reginal Shopping Center. This property is an excellent long term inve stment.


Presented by Astrid Estrada at
RE MAX Time.


Property MLS #CV24100596 from CRMLS

Bedrooms: 8
Bedrooms On Main Level: 4

Total Bathrooms: 4
Full Bathrooms: 4
Bathrooms On Main Level: 2

Copper Plumbing Full
Formica Counters
Furnished
Flooring: Carpet, Laminate, Tile

Kitchen Appliances: Water Heater
Appliances YN: Yes

Kitchen, Living Room

Heating Features: Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Average Condition

Carport Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Detached Carport
Parking Total: 8
Uncovered Spaces: 4.00

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.0886364
Lot Size Source: Assessor
Lot Size Square Feet: 3861

View: Neighborhood

Number of Units: 4

High School: South Gate
Middle School: South Gate
School District: Los Angeles Unified

Independence Elementary School is a public elementary school located approximately 0.4 miles away.
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South Gate Middle School is a public middle school located approximately 0.6 miles away.
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International Studies Learning Center At Legacy High School Complex is a public middle and high school located approximately 1.9 miles away.
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St. Helen is a private elementary and middle school located approximately 0.4 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks, Street Lights, Urban

Source Listing Status: Active
County: Los Angeles
Directions: Use Firestone Blvd. Turn left onto Alexander Ave. then turn right onto Southern Ave. turn right onto Virginia Ave.
Source Property Type: Residential
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Parcel Number: 6210020049
Postal Code Plus 4: 3058
Zoning: SGR3YY
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$281,401 + $93,694
$375,095
$5,346
2021$275,884 + $91,857
$367,741
$5,270
2020$273,056 + $90,916
$363,972
$5,304
2019$267,702 + $89,134
$356,836
$5,108
2018$262,453 + $87,387
$349,840
$4,993
2017$257,307 + $85,674
$342,981
$4,890
2016$252,262 + $83,995
$336,257
$4,747
2015$248,473 + $82,734
$331,207
$4,670
2014$243,606 + $81,114
$324,720
$4,681
2013$242,506 + $80,748
$323,254
$4,661
2012$237,751 + $79,165
$316,916
$4,686
2010$233,090 + $77,613
$310,703
$4,564
2009$231,898 + $77,217
$309,115
$4,372
2009$231,348 + $77,033
$308,381
$4,372
2008$227,351 + $75,703
$303,054
$4,178
2007$222,894 + $74,219
$297,113
$4,018

Listed 2024-05-17
$1,299,500
CRMLS
Price Changed 2024-04-25
$1,299,500
CRMLS
Listed 2024-03-19
$1,390,000
CRMLS
Sold 1999-09-23
$259,000
Public Record
Sold 1995-01-27
$240,000
Public Record

Total Square Feet Living: 3016
Year Built: 1959
Common Walls: 2+ Common Walls
Construction Materials: Drywall Walls
Entry Level: 1
Entry Location: Gate
Living Area Source: Assessor
Property Age: 65
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Traditional
Year Built Source: Assessor

Electric: Standard
Sewer: Public Sewer
Electricity Connected
Water Source: Public

No Interior Steps
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.