
Courtesy of: Enrique Viramontes, Remax Commercial and Investment Realty, eviramontes@remaxcir.com
$1,175,000
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6 bed
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5.00 Bath (2 Full)
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Lot: 0.13 Acres
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Other
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$1,175,000
8973 Alexander Ave 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.
Courtesy of: Enrique Viramontes, Remax Commercial and Investment Realty, eviramontes@remaxcir.com
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