
South Gate, California 90280
This rare non-city-rent-controlled quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well below the $1,229,831 Fair Market Value by 10%. This pricing gap delivers $129,831 in Instant Equity. While maintaining a Fair Condition Rating, the property offers immense upside through cosmetic updates to its three 2-bedroom and one 3-bedroom units. Featuring four single-car garages on an expansive corner lot near Willow Elementary, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to maximize cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9411 Madison Avenue Subject | $1,100,000* List Price | 0 | 0 | 3,641 | $338 | - |
A 10016 California Sold | $970,000 | 0 | 0 | 2,809 | $345 | 0.4 mi |
B 3062 Ardmore Active | $939,900 List Price | 0 | 0 | 3,304 | $284 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1944, appears well-maintained externally with newer paint and functional garages. However, the lack of interior images and the listing's mention of 'upside potential' suggest that the kitchens, bathrooms, and interior finishes are likely dated and have not undergone a full modern renovation, placing it in the fair category.
As a rare non-city-rent-controlled quadruplex, this property offers investors significant flexibility in rental adjustments and management, providing a distinct advantage in the California market.
The property features a desirable mix of three 2-bedroom units and one 3-bedroom unit, averaging 910 square feet each, which is ideal for attracting stable, long-term family tenants.
Situated on an expansive corner lot, the property includes four individual single-car garages, addressing a critical need for secure parking and storage in a high-density residential area.
Originally built in 1944, the property may require more frequent maintenance or future capital expenditures to update aging infrastructure and systems compared to newer builds.
While elementary options are strong, several nearby middle schools have lower performance ratings, which may impact the property's appeal to a specific segment of family renters.
9411 Madison Ave is located on a beautiful tree lined street, 1.4 miles north of the 105 Freeway and 2.5 miles west of the 710 Freeway. It is located near shopping centers, schools, parks and recreational centers. Excellent property for investors and/or owner occupants. This is a rare, non-city-rent-controlled, 4-unit property. Built in 1944 and kept in great condition, the apartments are situated on an expansive corner lot with ±6,821 square foot of area. The units comprise of a total building construction of ±3,641 square feet. The property offers an excellent unit mix of three, two-bedroom/one-bathroom, and one three-bedroom/one-bathroom units, averaging 910 square feet. It also features 4 single car garages, mature landscaping, and newer exterior paint. Call for additional information. CAP rate and GRM has been calculated with present rental income. There is still plenty of upside potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,641 | 1,315.5 | 83% |
| Lot Size | 6,821 | 4,999.5 | 75% |
| Price | $1.10M | $670.0K | 83% |
| Price per sq ft | $302 | $472 | 8% |
| Built year | 1944 | 1941 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 225 | 8% |
Mar 23, 2026
$1,100,000
Initial Listing
Nov 5, 2001
$315,000
Public Record
Oct 28, 1994
$295,000
Public Record