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*
Under contract
Listed by: Redpoint Realty • Leah Ivy Chang • Contact: 714-562-9900
$899,000
8480 Virginia Ave, South Gate, CA 90280
4beds
4baths
1,976sqft
Quadruplex
Built in 1949
-- sqft lot
$871,800 Zestimate®
$455/sqft
$-- HOA
What's special
- 58 days |
- 480 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Leah Ivy Chang DRE #02086695 949-501-8555,
Redpoint Realty
Source: CRMLS,MLS#: PW26102813
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage Faces Front, Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 4,794 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6215022001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: South Gate
Financial & listing details
- Price per square foot: $455/sqft
- Tax assessed value: $256,529
- Annual tax amount: $4,148
- Date on market: 5/11/2026
- Cumulative days on market: 58 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Telephone
Estimated market value
$871,800
$828,000 - $915,000
$2,131/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,148 +4.5% | $256,529 +2% |
| 2024 | $3,969 +1.6% | $251,508 +2% |
| 2023 | $3,905 +4.4% | $246,586 +2% |
| 2022 | $3,739 +1.4% | $241,761 +2% |
| 2021 | $3,686 -0.6% | $237,030 +1% |
| 2020 | $3,708 | $234,605 +2% |
| 2019 | $3,708 +6.7% | $230,014 +2% |
| 2018 | $3,474 | $225,514 +2.2% |
| 2017 | $3,474 +2.1% | $220,662 +2% |
| 2016 | $3,402 +3% | $216,336 +1.5% |
| 2015 | $3,304 +1.2% | $213,088 +2% |
| 2014 | $3,264 | $208,914 +2.5% |
| 2012 | -- | $203,894 +2% |
| 2011 | -- | $199,897 +0.8% |
| 2010 | -- | $198,404 -0.2% |
| 2009 | -- | $198,876 +2% |
| 2008 | -- | $194,977 +2% |
| 2007 | -- | $191,155 +2% |
| 2006 | -- | $187,408 |
| 2005 | -- | $187,408 +4% |
| 2004 | -- | $180,133 +1.9% |
| 2003 | -- | $176,833 +2% |
| 2002 | -- | $173,367 +4% |
| 2000 | -- | $166,636 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 90280
Nearby schools
GreatSchools rating
- 4/10Independence Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10South Gate Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10South Gate Senior High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Los Angeles County
- South Gate
- 90280
- 8480 Virginia Ave
Nearby cities
Nearby zip codes
Other South Gate Topics
