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Sold for $1,150,000
  • $1,150,000

    8973 Alexander Ave, South Gate, CA 90280

    6beds
    5baths
    2,564sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $449/sqft
    $3,288 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,288/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Enrique Viramontes DRE # 01372010 213-233-4363,

    Remax Commercial and Investment Realty 213-817-1000

    Bought with:

    William Mulkey, DRE # 00986020

    TR Wealth Management Inc.

    Source: CLAW,MLS#: 26847053MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • Wall
    Cooling
    • None
    Interior area
    • Total structure area: 2,564
    • Total interior livable area: 2,564 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - 3 Car, Open
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,854 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 6216027017
    • Zoning: SGR3YY
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: South Gate

    Financial & listing details

    • Price per square foot: $449/sqft
    • Tax assessed value: $477,591
    • Date on market: 6/12/2026

    Price history

    DateEventPrice
    7/31/2026Sold$1,150,000-2.1%$449/sqft
    Source: CLAW #26847053 Report a problem
    6/22/2026Pending sale$1,175,000$458/sqft
    Source: CLAW #26847053 Report a problem
    6/12/2026Listed for sale$1,175,000+217.6%$458/sqft
    Source: CLAW #26847053 Report a problem
    4/29/2010Sold$370,000$144/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $487,142 +2%
    2025$7,609 +3.3%$477,591 +2%
    2024$7,364 +1.6%$468,227 +2%
    2023$7,248 +4.3%$459,047 +2%
    2022$6,946 +1.3%$450,047 +2%
    2021$6,859 -0.6%$441,224 +1%
    2020$6,902 $436,700 +2%
    2019$6,902 +6.1%$428,138 +2%
    2018$6,503 $419,744 +2%
    2017$6,503 +2.8%$411,514 +2%
    2016$6,328 +2.6%$403,446 +1.5%
    2015$6,166 +1.5%$397,387 +2%
    2014$6,077 $389,604 +4.5%
    2011-- $372,785 +365.7%
    2010-- $80,050 -0.2%
    2009-- $80,241 +4%
    2007-- $77,127 +2%
    2006-- $75,616
    2005-- $75,616 +4%
    2004-- $72,682 +1.9%
    2003-- $71,351 +2%
    2002-- $69,953 +4%
    2000-- $67,238
    Find assessor info on the county website

    Neighborhood: 90280

    Nearby schools

    GreatSchools rating
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