8973 Alexander Ave South Gate, CA 90280
South Gate AreaEstimated payment $7,086/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
|---|---|---|---|---|
| 06/19/2026 06/19/26 | Pending | -- | -- | -- |
| 06/12/2026 06/12/26 | For Sale | $1,175,000 | -- | $458 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $370,000 | Orange Coast Title Company | |
| Grant Deed | -- | United Independent Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Accommodation |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $430,000 | Commercial | |
| Previous Owner | $250,000 | Commercial |
Source: The MLS
MLS Number: 26847053
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Ask me questions while you tour the home.