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(323) 864-4211
Linda Roth Burrell
8973 Alexander Ave, South Gate, CA 90280
- $1,150,000
- 6
- BD
- 5
- BA
- 2,564
- SqFt
- Sold Price
- $1,150,000
- List Price
- $1,175,000
- Closing Date
- Jul 31, 2026
- MLS#
- 26847053
- Year Built
- 1940
- Bedrooms
- 6
- Bathrooms
- 5
- Living Sq. Ft
- 2,564
- Lot Size
- 5,857
- Days on Market
- 7
- Property Type
- Multifamily
- Stories
- 2
Property 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.
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Garage - 3 Car, Uncovered
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Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes - CA DRE#01372010 Selling Office: .
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