$1,175,000
8973 Alexander Avenue, South Gate CA 90280
Multi-Family (5 Units)
Property type
1 day
On market
$458
Price per sqft
N/A
Garage
1940
Year built
5,857 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Enrique Viramontes DRE #01372010 213-233-4363, Remax Commercial and Investment Realty
Listing updated: Jun 12, 2026 at 10:48pm.
Last checked: Jun 12, 2026 at 11:30pm
Source: CRMLS #26847053
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,350 | $2,350 | $2,400 | Unfurnished |
| 4 | 1 | 1 | — | $1,678 | $6,710 | $7,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Financial Snapshot
Gross Rent Multiplier
10.8x
List Price / Annual Gross Rent
Cap Rate
6.02%
NOI / List Price
Net Operating Income: $70,750
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Door Multi, Garage, Uncovered
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 6216027017
Zoning: SGR3YY
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 8973 Alexander Avenue, South Gate, CA 90280. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$940,000
Total Interest
$1,198,918
Total Payment
$2,138,918
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,315
per month
Property History for 8973 Alexander Avenue
South Gate Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90280.
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