Property
Listing Agent: Enrique Viramontes (DRE #01372010) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: William Mulkey · TR Wealth Management Inc. · MLS #26847053 · Source: CRMLS
8973 Alexander Avenue sold for $1,150,000 in July 2026, 2.1% under its $1,175,000 list price, after 7 days on the market. That works out to $449 per square foot on 2,564 square feet. Across 101 closed sales in 90280 over the last 12 months, the median sold price is $730,000 and the median is $492 per square foot, 9.6% above this sale's $449.
| Quarter | Closed sales in 90280 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $693,000 |
| Q2 2026 | 47 | $720,000 |
| Q3 2026 | 38 | $717,500 |
| Q4 2026 | 10 | $846,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in South Gate · Homes for sale in 90280
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.
Closed sales reported in 90280, nearest first, last 12 months. All recent sales in South Gate →