$1,400,000

9421 Dearborn, South Gate, CA 90280

  • 8 beds
  • 3,968 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $353/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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 4 UNIT INCOME-PRODUCING PROPERTY 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 INCOM

Listing Status:
Pending
Date Added:
November 26, 2025
Data Last Updated:
April 1, 2026 at 7:08PM
Listing Office:
ROA California Inc. : 619-779-7200
Listing Agent:
Marvin Garcia : 323-350-4654
MLS ID:
CRDW25266774
  • Laundry: See Remarks
  • A/C: Wall/Window Unit(s)
  • Parking: Parking spaces: 4
  • HOA Amenities: 0.0
  • County: Los Angeles
  • Zoning: 6209006019

This listing courtesy of Marvin Garcia , ROA California Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Victoria Avenue Elementary

3320 Missouri Ave, South Gate, CA, 90280

Grades KG-5

0.20 miles away

S

Southeast Middle School

2560 Tweedy Blvd, South Gate, CA, 90280

Grades 6-8

0.81 miles away

S

South Gate High School

3351 Firestone Blvd, South Gate, CA, 90280

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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