$1,175,000

8973 Alexander Ave South Gate, CA 90280

Estimated payment $6,968/month

Total Views 523
6 Beds
5 Baths
2,564 Sq Ft
$458 Price per Sq Ft

About This Home

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 Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 06/12/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Car Garage
  • Uncovered Parking

Additional Features

  • 5,857 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6216-027-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,857 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2564
  • Lot Acreage: 0.1344
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 458.27

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 3 Car, Uncovered
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 68.92
  • Assessed Improvement Value: 329154
  • Assessed Land Percent: 31.08
  • Assessed Land Value: 148437
  • Total Assessed Value: 477591
  • Assessor Parcel Number: 6216-027-017
  • Lot Size Area: 5857

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.81
  • Number Of Units: 5
  • Type Of Units: Apartment

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,609 $477,591 $148,437 $329,154
2024 $7,364 $468,227 $145,527 $322,700
2023 $7,248 $459,047 $142,674 $316,373
2022 $6,946 $450,047 $139,877 $310,170
2021 $6,859 $441,224 $137,135 $304,089
2020 $6,902 $436,700 $135,729 $300,971
2019 $6,660 $428,138 $133,068 $295,070
2018 $6,503 $419,744 $130,459 $289,285
2016 $6,166 $403,446 $125,394 $278,052
2015 $6,068 $397,387 $123,511 $273,876
2014 $6,077 $389,604 $121,092 $268,512
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2026 06/12/26 For Sale $1,175,000 -- $458 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26847053

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.