Contact Xavier Gomez
Schedule A Showing
9723 San Juan, South Gate, CA 90280
Priced at Only: $1,499,999
For more Information Call
Address: 9723 San Juan, South Gate, CA 90280
Property Location and Similar Properties
- MLS#: DW26022544 ( Commercial/Residential )
- Street Address: 9723 San Juan
- Viewed: 2
- Price: $1,499,999
- Price sqft: $0
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 0
- Days On Market: 7
- Additional Information
- County: LOS ANGELES
- City: South Gate
- Zipcode: 90280
- Provided by: Realty One Group Homelink
- Contact: Mark Mark

- DMCA Notice
-
DescriptionWe 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 buildings 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 Gonzlez 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
Features
Building Area Total
- 3960.00
Carport Spaces
- 6.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Country
- US
Electric Expense
- 541.00
Entry Location
- Front
Fuel Expense
- 676.00
Garage Spaces
- 0.00
Insurance Expense
- 4363.00
Laundry Equipment Own Lease
- Own
Laundry Features
- Common Area
Laundry Income
- 1200.00
Levels
- Two
Lockboxtype
- None
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 59201.00
Parcel Number
- 6203018028
Parking Features
- Carport
Pool Features
- None
Professionalmanagementexpense
- 4800.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 455712358:CRM
Totalexpenses
- 22500.00
Trash Expense
- 4611.00
Water Sewer Expense
- 4729.00
Water Source
- Public
Year Built
- 1953
Year Built Source
- Public Records
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com























