9421 Dearborn, South Gate, CA 90280
- 8 beds
- 3,968 sqft
Multi-Family Home
Built in 1953
8,276sqft lot
—— car garage
$353/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Victoria Avenue Elementary
3320 Missouri Ave, South Gate, CA, 90280
Grades KG-5
0.20 miles away
Southeast Middle School
2560 Tweedy Blvd, South Gate, CA, 90280
Grades 6-8
0.81 miles away
South Gate High School
3351 Firestone Blvd, South Gate, CA, 90280
Grades 9-12
0.40 miles away


