6 months on rocket

8927 Virginia Ave, South Gate, CA, 90280

$1,199,999

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
3,016 SqFt
$398/SqFt
Multi

Location

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8927 Virginia Ave, South Gate$1,199,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingDetached Carport
Year Built1959
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNeighborhood
MLS #CV24100596
Lot Size0.09 Acres
StatusActive

About 8927 Virginia Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1959
  • Stories: 2
  • Living Area: 3,016 SqFt

Listing Office:

  • Office Name: RE/MAX TIME REALTY
  • Office Phone: (909) 373-0880
  • Listing Agent: Astrid Estrada

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Furnished, Laminate Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Detached Carport

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Use Firestone Blvd. Turn left onto Alexander Ave. then turn right onto Southern Ave. turn right onto Virginia Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,999
  • Price Per SqFt: $398/SqFt

Tax Information:

  • Annual Amount: $5,270
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in South Gate, CA.

Med. Sold Price

$670K

Med. Price/SqFt

$526

Avg. Days On Market

13

# of Sold Homes

13

8927 Virginia Ave vs South Gate

183 DAYS ON ROCKET

+170 Days

$1,199,999

+$529.9K More

$398/SqFt

-$128 Less

KEY TAKEAWAY

This property is $529.9K more than the Median Sold Price and $128/SqFt less than other homes in South Gate, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24100596

Listing Office:

  • Office Name: RE/MAX TIME REALTY
  • Office Phone: (909) 373-0880
  • Listing Agent: Astrid Estrada

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 1999Home Sold
$259,000
Jan 27, 1995Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,270$367,741
2020$5,108$363,972
2019$4,993$356,836
2018$4,891$349,840
2017$4,891$342,981

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-385960
3
/10
  • San Gabriel Avenue Elementary

  • 8628 San Gabriel Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-385961
5
/10
  • Independence Elementary & Magent School

  • 8435 Victoria Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-385962
6
/10
  • Victoria Avenue Elementary

  • 3320 Missouri Ave

  • 0.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,024. The majority of South Gate, CA residents have income less than $35k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountySouth Gate902808927 Virginia Ave

This home is located at 8927 Virginia Ave in South Gate, CA and zip code 90280 in the The Southeast neighborhood. This 3,016 square foot home, which was built in 1959, sits on a 0.09 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $1,199,999.

While more than 10 listings in South Gate, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below. The inventory of homes for sale in South Gate, CA between September 2024 and October 2024 decreased by 8.9%. The median list price of listings available in October 2024 was $670,000, while the average time on the real estate market was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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