8973 Alexander Avenue South Gate, CA $ 1,175,000
8973 Alexander Avenue
$ 1,175,000
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8973 Alexander Avenue

South Gate, CA, 90280
$ 1,175,000
Bedrooms6 Baths4.0 Sq 2,564

Monthly Estimate*

$ 7,235

Listed by Remax Commercial and Investment Realty
8973 Alexander Avenue, South Gate, CA 90280 - Image 1
8973 Alexander Avenue, South Gate, CA 90280 - Image 2
8973 Alexander Avenue, South Gate, CA 90280 - Image 3
8973 Alexander Avenue, South Gate, CA 90280 - Image 4
8973 Alexander Avenue, South Gate, CA 90280 - Image 5

Multi-Family Home for sale in South Gate, CA

for $1,175,000 with 6 bedrooms and 4 full baths. This 2,564 square foot home was built in 1940 on a lot size of 0.1345.

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.

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Multi-Family Active

Price

$ 1,175,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1345

Year Built

1940

Town/City

South Gate

County/Region

Los Angeles

MLS | Web ID

26847053

Days on Market

1

Features
General
Living Area 2564
Heating Wall Furnace
Cooling None
Zoning SGR3YY
Year Built 1940
Stories Count 2
Levels Two
Gross Income 108720
County Los Angeles
Net Operating Income 70750
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Located between Souther Ave and Firestone Blvd east of Otis St
City South Gate
Senior Community Y/N false
Number Of Units Total 5
MLS Area T2 - Cudahy SouthGate W of 710 HuntPk S of Flore
Lot Size Units Square Feet
Lot Size Square Feet 5857
Standard Status Active
Cap Rate 6.02
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 6
Total Baths 5
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Exterior
Parking Features Door-Multi Garage Uncovered
Total Parking 5
Lot Size Area 5857
Number of Buildings 2
Building Area Total 2564
Lot Size Acres 0.1345
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

eviramontes@remaxcir.com

Email

Affordability Calculator

$7,235
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Monthly Principal & Interest
$7,235
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$1,175,000 Listed Price

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8973 Alexander Avenue, South Gate, CA, 90280 is a Multi-Family Home for sale at $1,175,000 with 2,564 sqft and a lot size of 0.1345. 8973 Alexander Avenue has 6 bedrooms, 4.0 baths, and was built in 1940. The property's zip code is 90280 which is in South Gate, CA