Multi-Family for sale in Southern California — $1,175,000. 6 beds · 5 baths · 2,564 sqft. 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 ne…
$1,175,000
8973 Alexander Avenue, South Gate, CA 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 updated: June 22, 2026 at 3:02 PM
Listed by: Enrique Viramontes, Remax Commercial and Investment Realty
Source: CRMLS, MLS#: 26847053, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/12/2026 Source: CRMLS, #26847053 | Listed for sale | $1,175,000$458/sqft0.0% |
| 6/12/2026Source: CRMLS, #26847053 | Pending sale | $1,175,000$458/sqft |
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