$1,175,000

8973 Alexander Avenue, South Gate, CA 90280

  • 2,564 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon5,859sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $458/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Presenting a rare opportunity to acquire a well-maintained, extensively renovated 5-unit multifamily property in a prime South Gate location. The property has undergone significant capital improvements, including a new sewer line, new walkway and deck, complete electrical system upgrades (panels, wiring, and subpanels), new plumbing, new heaters, a new roof, and exterior paint and windows, providing investors with a truly turnkey asset and minimizing future capital expenditure requirements.The property features a detached 2bd + 1ba single-family residence with a private front lawn and four 1bd + 1ba units sit at the rear of the lot, offering strong tenant appeal and stable rental demand. Additionally, the existing onsite garages present a potential opportunity for ADU conversion, creating a compelling value-add component and future income growth potential. Combining a desirable location, extensive renovations, and potential upside through ADU development, this property represents an outstanding investment opportunity in one of Los Angeles County's most sought-after rental markets.

Listing Status:
Active
Date Added:
June 12, 2026
Data Last Updated:
June 15, 2026 at 7:07AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Enrique Viramontes : 213-233-4363
MLS ID:
CL26847053
  • A/C: None
  • Heating: Wall Furnace
  • Parking: OtherUncovered Parking Space
  • County: Los Angeles
  • Zoning: SGR3YY6216027017

This listing courtesy of Enrique Viramontes , Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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