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8973 Alexander Ave , South Gate, CA 90280
$1,175,000
Est. Payment: $5,889.61/mo
3 Bed
2 Bath
2564 Sqft
Status: pending | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.
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Highlights

Listed by Enrique Viramontes , 213-233-4363 Remax Commercial and Investment Realty , 213-817-1000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.13

Year Built

1940

County

Los Angeles

Area

T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore

Listing ID

26847053

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:5
Zoning:SGR3YY
Others:2+ Total Units
Parking Features:Door-Multi,Garage,Uncovered
Principal Interest
$5,890
Taxes
$749

Home Price

$1,175,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$235,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,889.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,889.61 $749.06 $0.00 $6,638.67
Yearly $70,675.28 $8,988.75 $0.00 $79,664.03
Total $2,120,258.42 $269,662.50 $0.00 $2,389,920.92
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (South Gate, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-26T01:40:03.000Z

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