9723 San Juan, South Gate, CA 90280
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
9723 San Juan,South Gate, CA 90280
$1,499,999
- - Beds
- - Baths
- 3,960 sq. ft.
- Multi-family
- Active
Listed by: mark garza
Office: circle real estate562-521-9022
MLS#:DW26022544
Source:CRMLS
Price summary
- Price:$1,499,999
- Price per sq. ft.:$378.79
About this home
We are pleased to present a rare opportunity to acquire a well-maintained 6-unit multifamily property located in the City of South Gate. The property consists of a two-story building with three units on each level, offering a total of approximately 3,960 sq. ft. of living space on a 7,240 sq. ft. lot. The unit mix includes four (4) one-bedroom, one-bath units and two (2) two-bedroom, one-bath units. Each unit is separately metered and includes one assigned carport parking space. Additionally, the property features an on-site laundry room, providing an extra source of passive income. This building has been thoughtfully upgraded to meet insurance inspection requirements, making it a strong, low-maintenance investment. Major capital improvements include a roof approximately 5 years old, new plumbing throughout the building completed approximately 2 years ago, and interior upgrades in select units, including newly tiled walls and flooring. All six units are equipped with individual fuse boxes, and the main electrical panel was upgraded, along with five new subpanels installed within the last year. The property offers a strong value-add opportunity through rent optimization and continued operational efficiencies. Current rents reflect an approximate 4.06% cap rate, providing immediate, stable cash flow. With strategic rent adjustments to align with market rents, the property demonstrates the potential to achieve an estimated 8% cap rate, significantly enhancing long-term returns. Given the building’s recent capital improvements the asset is well positioned for rent growth with minimal additional capital expenditure. The favorable unit mix of one- and two-bedroom units supports strong tenant demand in the South Gate rental market. Conveniently located near Firestone Blvd and Tweedy Blvd, the property offers excellent access to local amenities. The Azalea Regional Shopping Center is just a 7-minute drive, Northgate González Market is approximately 2 minutes away, and South Gate Park is within a 10-minute drive. The 710 and 105 freeways are nearby, providing easy commuter access throughout Los Angeles County. Drive-by only. Please do not disturb tenants. PC: Quinn Media...
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Home facts
- Year built:1953
- Listing ID #:DW26022544
- Added:149 day(s) ago
- Updated:June 29, 2026 at 01:44 PM
Rooms and interior
- Living area:3,960 sq. ft.
Structure and exterior
- Year built:1953
- Building area:3,960 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,999
- Price per sq. ft.:$378.79
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:6
- Parking description:6 Carport Space(s), Carport
- Carport spaces:6
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