8973 Alexander Ave, South Gate, CA 90280
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8973 Alexander Ave, South Gate, CA 90280
8973 Alexander Ave, South Gate, CA 90280
8973 Alexander Ave, South Gate, CA 90280
8973 Alexander Ave, South Gate, CA 90280
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$ 1,175,000
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Pending

8973 Alexander Ave South Gate, CA 90280

6 Beds

5 Baths

2,564 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,564 sqft

Price per Sqft $458

MLS Listing ID 26847053

Bedrooms 6

Year Built 1940

Lot Size 5,857 Sqft

Acres 0.1344

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Cudahy, South Gate W Of 710, Hunt Pk S Of Florence

Zoning SGR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Garage - 3 Car, Uncovered

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Premier Agent Network

Premier Agent Network

Broker | License ID: 01932176

+1(877) 663-9366

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8973 Alexander Ave