8927 Virginia Avenue

South Gate, CA 90280

$1,299,500
Price
2
Beds
4
Baths
3,016 Sq. Ft.
$431 / Sq. Ft.
3,016
Sq. Ft.
$431
per Sq. Ft.

Description

We are pleased to exclusively offer for sale this 4-Unit Multi-family investment property in the City of South Gate. This property features four 2 bedrooms-1 bath units. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Collectively offering 3,016 square feet of rental space a 3861 square foot lot. Located near local parks and recreations nearby, accessibility to bus transportation and schools at walking distance, near the City Hall, and to the beautiful...We are pleased to exclusively offer for sale this 4-Unit Multi-family investment property in the City of South Gate. This property features four 2 bedrooms-1 bath units. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Collectively offering 3,016 square feet of rental space a 3861 square foot lot. Located near local parks and recreations nearby, accessibility to bus transportation and schools at walking distance, near the City Hall, and to the beautiful Azalea Regional Shopping Center. This property is an excellent long term investment.
  1. Listed by Astrid Estrada • DRE #01975540 • Brokerage DRE #01525571 • RE/MAX TIME REALTY

Property Details for 8927 Virginia Avenue

Architectural Style
Traditional
View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of RE/MAX TIME REALTY, Astrid Estrada, DRE #01975540
Add your commute
LISTING UPDATED: 04/25/2024 02:49 AM

Property Details for 8927 Virginia Avenue

StatusActive
MLS #CV24054748
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.09 AC / 3,861 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX TIME REALTY, Astrid Estrada, DRE #01975540
Add your commute

Building Information for 8927 Virginia Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.09 AC / 3,861 SF

Payment Calculator

$7,558 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,092

Property Taxes

$466

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8927 Virginia Avenue

Rental Info
Rental Info
  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $82,800
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $73,608
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $9,192
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,030
  • Trash Expense: $1,162
  • Water Sewer Expense: $6,000
  • Total Expenses: $9,192
Tax / Assessment Info
  • Tax Tract Number: 3477
  • Tax Census Tract: 5357.02
  • CFD/Mello-Roos Fee: $1,052
  • Tax Lot: 61
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: None
  • Interior Features: Copper Plumbing Full, Formica Counters, Furnished
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Security Features: Window Bars
  • Security: Security Bars
  • Construction Materials: Drywall Walls
  • Roof: Shingle
  • Entry Location: Gate
  • Fence: Yes
  • Fencing: Average Condition
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Detached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $19,200
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 8927 Virginia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8927 Virginia Avenue

Taxable ValueLand$95,567Additions$287,029Total$382,596
Tax Record2023$5,597 ($466 / month)
Home Facts
Total Finished SqFt3,016 SqFtAbove Grade Finished SqFt3,016 SqFtLot Size3,861 SqFtStyleQuadraplexYear Built1959ZoningSGR3YYCountyLOS ANGELESAPN6210-020-049

Schools near 8927 Virginia Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Independence Elementary School
PublicK to 5

Southeast Middle School
Public6 to 8

South Gate Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8927 Virginia Avenue is a multi-family home for sale in South Gate, CA 90280. This property was listed for sale on March 18, 2024 by RE/MAX TIME REALTY, it's currently listed at $1,299,500. It has been on the market for a total of 40 days and was last sold on January 27, 1995. This listing's school district is Los Angeles Unified School District. Nearby schools include Independence Elementary School, Southeast Middle School and South Gate Middle School. 8927 Virginia Avenue is a 2-bed, 4-bath, 3,016 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX TIME REALTY, Astrid Estrada, DRE #01975540

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.