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*
Sold for $878,500
Zillow last checked:
Listing updated:
Bought with:
Oscar Jara, DRE #01229428
SoCal 5 Real Estate
Source: CRMLS,MLS#: PW26102813
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Sold | $878,500-2.3%$445/sqft |
Source:  CRMLS #PW26102813 Report a problem | ||
| 8/17/2026 | Pending sale | $899,000$455/sqft |
Source: CRMLS #PW26102813 Report a problem | ||
| 7/4/2026 | Contingent | $899,000$455/sqft |
Source: CRMLS #PW26102813 Report a problem | ||
| 5/12/2026 | Listed for sale | $899,000$455/sqft |
Source: CRMLS #PW26102813 Report a problem | ||
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Estimated market value
$878,500
