8976 Mcnerney A-B
South Gate, CA, 90280
$949,900
Original list price: $1,199,000
MLS: RS26041617
Beds
6
Baths
4
Sq Ft
2,648
Lot
0.13 ac
Year Built
1940
MLS #
RS26041617
Days on Market
209
Listed
Feb 26, 2026
Description
BACK ON MARKET!!! No fault to seller!!! Investor special with strong income and upside potential! This unique property is titled as a single-family residence but is a permitted duplex, offering exceptional flexibility and opportunity. Featuring two legal units plus a third unpermitted unit, each with its own separate entrance, this is an ideal setup for investors seeking rental income or multi-generational living options. The property includes two separate water heaters and two meters, with gas service to be verified. There are two 2-car garages, providing ample parking and exciting potential for ADU expansion (buyer to verify with city), along with additional on-site parking options. Property was recently appraised at 1M+ Being sold as-is. This is a fantastic value-add opportunity with significant upside. The city can provide permit confirmation pending a pre-sale inspection. Property is currently tenant-occupied; Property will be sold with tenants in place. Tenants are open to cash for keys!!!! Don’t miss this investor’s dream with multiple income streams and future development potential!
Location
South Gate, Los Angeles County, CA 90280
Open on Google Maps ↗Listed by: Crystal Quinonez · Excellence RE Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,518
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $94,990 · Loan: $854,910
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,873
- Property tax (1.25%)
- $989
- Homeowners insurance
- $300
- Mortgage insurance
- $356
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this South Gate home with as little as 3.5% down using an FHA loan — roughly $33,247 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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