9421 Dearborn, South Gate, CA 90280
Local realty services provided by:ERA Excel Realty
9421 Dearborn,South Gate, CA 90280
$1,400,000
- - Beds
- - Baths
- 3,968 sq. ft.
- Multi-family
- Active
Listed by: marvin garcia
Office: roa california inc.
MLS#:DW25266774
Source:CRMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$352.82
About this home
EXCELLENT INCOME PROPERTY OPPORTUNITY in the heart of South Gate, offered at $1,400,000 with an ABOVE-AVERAGE CAP RATE FOR THE AREA. This property is perfect for 1031 EXCHANGE BUYERS, BUY-AND-HOLD INVESTORS, or OWNER-USERS seeking a multi-unit asset in a HIGH-DEMAND SOUTH GATE RENTAL MARKET. This FOURPLEX OPERATES AS A 6-UNIT INCOME-PRODUCING PROPERTY and offers strong IN-PLACE INCOME WITH UPSIDE POTENTIAL. After MARKET RENT ADJUSTMENTS and leasing the OWNER’S UNIT (DELIVERED VACANT), projected gross income is approximately $122,880 ANNUALLY with an estimated 8.7% GROSS CAP RATE. The OWNER’S UNIT WILL BE DELIVERED VACANT, allowing a new owner to RESET RENT TO MARKET, currently estimated at approximately $3,200 PER MONTH. The remaining units offer an OPPORTUNITY TO INCREASE RENTS BY APPROXIMATELY 8%–10%, providing a clear path to INCREASE CASH FLOW after purchase. This property offers flexibility for an OWNER-OCCUPANT LOOKING TO HOUSE-HACK or an INVESTOR SEEKING FULL RENTAL INCOME, with rental proceeds helping OFFSET OWNERSHIP COSTS while positioning the asset for LONG-TERM APPRECIATION.
Situated on an OVERSIZED CORNER LOT, the property features a 2-CAR GARAGE PLUS 2-CAR CARPORT, and is located just minutes from SOUTH GATE PARK, AZALEA SHOPPING CENTER, and the 710 & 105 FREEWAYS.
BUYER TO VERIFY ALL INCOME, RENTS, UNIT CONFIGURATION, AND PERMITS TO THEIR SATISFACTION.
Contact an agent
Home facts
- Year built:1953
- Listing ID #:DW25266774
- Added:22 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Living area:3,968 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1953
- Building area:3,968 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$352.82
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