$899,000
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.
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Listed by Leah Ivy Chang with Redpoint Realty (714) 562-9900
Property Type
Quadruplex
Status
Active
MLS Number
PW26102813
Year Built
1949
Lot Size
4,796 sq ft