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Off market
  • $1,343,200

    8939 Virginia Ave, South Gate, CA 90280

    12beds
    4baths
    3,996sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $1,343,200 Zestimate®
    $336/sqft
    $2,898 Estimated rent

    Home value

    $1,343,200

    $1.24M - $1.45M

    $2,898/mo

    Zestimate® history
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    Owner options

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    $2,898/mo

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    $2,898/mo

    Rent Zestimate®

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    $8,892/mo

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    $8,892/mo

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    What's special

    This beautiful turn-key Non Rent Controlled 4-plex is conveniently located on Virginia Avenue in the city of South Gate. The investment is located in southeast Los Angeles County, in the Los Angeles metropolitan area. The city's location offers tenants quick and easy access to the 110, 710, 105, and 5 Freeways, and is within a 10 mile radius from the areas major employment hubs in Los Angeles County: Los Angeles International Airport (LAX), the ports of Los Angeles / Long Beach and Downtown Los Angeles.The property represents a tremendous opportunity for an investor or owner user to acquire a turnkey asset that has been very well maintained by the current owner. The interior and exterior of the building has undergone a number of upgrades and shows very nicely. There is approximately 15% upside in the rental income. Lastly, some buyers may qualify for financing with a 25% down payment and interest rate of 3.95%.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    Cooling
    • None
    Interior area
    • Total interior livable area: 3,996 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    Lot
    • Size: 5,832 Square Feet
    Details
    • Parcel number: 6210020016

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1962

    Community & HOA

    Location
    • Region: South Gate

    Financial & listing details

    • Price per square foot: $336/sqft
    • Tax assessed value: $1,133,271

    Price history

    DateEventPrice
    6/10/2019Sold$1,275,000-1.5%$319/sqft
    Source: CLAW #19458536 Report a problem
    5/17/2019Pending sale$1,295,000$324/sqft
    Source: Remax Commercial and Investment Realty #19458536 Report a problem
    4/24/2019Listed for sale$1,295,000$324/sqft
    Source: Remax Commercial and Investment Realty #19458536 Report a problem
    12/10/2014Listing removed$1,595
    Source: S.C.P. Inc. Report a problem
    12/2/2014Listed for rent$1,595
    Source: S.C.P. Inc Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,133,271 +2%
    2025$14,599 +3.2%$1,111,051 +2%
    2024$14,152 +1.8%$1,089,267 +2%
    2023$13,906 +5.1%$1,067,910 +2%
    2022$13,236 +1.2%$1,046,972 +2%
    2021$13,073 -0.8%$1,026,444 +1%
    2020$13,179 $1,015,920 +264.6%
    2019$13,179 +212%$278,654 +2%
    2018$4,224 $273,191 +2%
    2017$4,224 +2%$267,835 +2%
    2016$4,140 +3.5%$262,584 +1.5%
    2015$3,999 +1.2%$258,641 +2%
    2014$3,950 $253,575 +2.5%
    2012-- $247,482 +2%
    2011-- $242,630 +0.8%
    2010-- $240,818 -0.2%
    2009-- $241,391 +2%
    2008-- $236,659 +2%
    2007-- $232,020 +2%
    2006-- $227,472
    2005-- $227,472 +4%
    2004-- $218,641 +1.9%
    2003-- $214,635 +2%
    2002-- $210,428 +4%
    2000-- $202,259
    Find assessor info on the county website

    Neighborhood: 90280

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,343,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,343,200