Skip to main content

Millman Team Real Estate

$1,499,999
0.17 Acre Lot

9723 San Juan, South Gate, California 90280

  • Residential Income Property Type
  • Carport Cars Garage
  • 1953 Year Built
Property Description

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

Basic Details
Residential Income
For Sale
DW26022544
$1,499,999
1953
0.17 Acre
Active
1
Mixed Use
Features
: None
: Carport
6.0
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
South Gate
90280
San Juan
9723
W119° 47' 48.9''
N33° 56' 44.3''
Firestone Blvd ---> San Juan Ave (Towards Tweedy Blvd)
T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
Additional Information
$0
$0
$0
$0
$0
3960
: Sidewalks
1
: Two
: 0-1 Unit/Acre
6
2026-01-30
2
2
: Public
Broker/Agent Information
Circle Real Estate
Mark Garza
Listing Information
DWGARZAM
DWCRZ
Cash, Cash to New Loan, Conventional, 1031 Exchange
Active
2026-04-14T20:12:03Z
CRMLS
: Standard, Trust
2026-01-30T17:12:55Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us