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8651 Virginia Avenue, South Gate, CA 90280

Fourplex

8651 Virginia Avenue, South Gate, CA 90280 Sold January 2023 CRMLS
$1,030,000Sold January 2023

Listing Agent: Lawrence Montero (DRE #01866490) · Listing Office: Montero Properties & Investments · Contact: 310-405-2002 · Bought with: Gloria Cervantes · Realty One Group United · MLS #DW22214496 · Source: CRMLS

5,828 sqft
Lot Size
1955
Year Built
Fourplex
Type
1
Stories
4
Garage

About this fourplex

South Gate Four-plex with lots of opportunity! Excellent location near schools, shopping and restaurants has kept this long-time rental property very desirable. Upside rental potential. Live in one unit and let the rents pay your mortgage while you build equity. Or consider the development opportunity of a generous-sized lot. Current tenants are on month-to-month leases. Garages are currently rented separately. Property consists of two duplexes, a detached garage with four separate one-car spaces and a community laundry room. Kitchens and bathrooms have been updated recently (new copper in all vertical plumbing) and several units have semi-private patio areas. Seller is CA Real Estate Broker.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$1,030,000
Sold January 2023 · listed $1,100,000, orig. $999,000, on market October 2022 · MLS #DW22214496 · Source: CRMLS
Listing Agent: Lawrence Montero · Listing Office: Montero Properties & Investments · Contact: 310-405-2002 · Bought with: Gloria Cervantes · Realty One Group United
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