8651 Virginia AVE, South Gate, CA 90280 – DW22214496

$1,030,000

$1,100,000

6.4%

Est.Price: ?

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Est. payment -/mo

5,828 Sqft Lot

SOLD DATE : 01/10/2023

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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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Lawrence Montero • Montero Properties & Investments
Bought with Gloria Cervantes • Realty One Group United

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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