Duplex with Private
8468 Virginia, South Gate, CA 90280
For Sale
$849,000
Each residence has its own entry and a functional layout with a dedicated living area.
Property Size1,689 SF
Price / SF$502.66
Days on Market257
Property Features for 8468 Virginia
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
IET Real Estate
(562) 686-1992
Listed By:
Robert Colangeli · License #01919489
(562) 360-1027
Source:
Shimrealestate
Added: Feb 26
Changed: Nov 7
Last Checked: Nov 8 at 2:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IET Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,689-square-foot duplex contains two residences, each arranged with a living area and a separate entrance. Built in 1941, the property is in South Gate, California.
The location is described as near freeways, shopping centers, schools, and local services.
The location is described as near freeways, shopping centers, schools, and local services.
Key Highlights
- Two‑unit duplex with separate entrances
- 1,689 square feet
- Built in 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,496
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,920
$589.9K
Cap Rate 7%
$421,371
$421.4K
Cap Rate 9%
$327,733
$327.7K
Market Conditions
NOI Build-Up for 1,689 SF
Gross rent
$45.6K $27.00/SF
− Vacancy
−$3.5K −$2.05/SF
EGI
$42.1K $24.95/SF
− OpEx
−$12.6K −$7.48/SF
NOI
$29.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,920
Cap Rate 7%
$421,371
Cap Rate 9%
$327,733
Alternative Uses
Best Use
Multifamily LT 5
$421.4K
$368.7K – $491.6K
NOI $29,496 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$388.2K
$339.7K – $453.0K
NOI $27,177 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$904.3K
$791.3K – $1.06M
NOI $63,300 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Explore this area
Business Placement
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own entry and a functional layout with a dedicated living area.
Where is this duplex located?
The property is located at 8468 Virginia South Gate, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two‑unit duplex with separate entrances; 1,689 square feet; Built in 1941
