8973 Alexander Avenue, South Gate, CA 90280

About this property

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 description from the July 2026 sale, as reported to CRMLS.

Sale history

$1,150,000

Sold July 2026 · listed $1,175,000, on market June 2026 · MLS #26847053 · Source: CRMLS

Listing Agent: Enrique Viramontes · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: William Mulkey · TR Wealth Management Inc.

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