$1,030,000
$1,100,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
8651 Virginia AVE South Gate, CA 90280
5,828 Sqft Lot
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22214496
Sold Date 01/10/23
HOA Y/N No
Year Built 1955
Lot Size 5,828 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGR3YY
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Total Parking Spaces 4
Private Pool No
Building
Lot Description Street Level
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6210021015
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Gloria Cervantes • Realty One Group United