Luis Gallegos
Keller Williams Pacific Estates
(562) 337-3981
35 Total Sales
1 in South Gate
$565,000 Price
9421 Dearborn Ave South Gate, CA 90280
South Gate Area
8
Beds
5
Baths
3,968
Sq Ft
8,329
Sq Ft Lot
Highlights
- Bonus Room
- Laundry Facilities
- 4-minute walk to State Street Park
- No HOA
- Rectangular Lot
About This Home
As of April 2026EXCELLENT 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 INCOME, RENTS, UNIT CONFIGURATION, AND PERMITS TO THEIR SATISFACTION.
Last Agent to Sell the Property
ROA California Inc. Brokerage Phone: 323 350-4654 License #01968704 Listed on: 11/26/2025
Last Buyer's Agent
ROA California Inc. Brokerage Phone: 323 350-4654 License #01968704 Listed on: 11/26/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 8,329 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 2 Car Garage
- 2 Carport Spaces
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,968 Sq Ft Home
- 2-Story Property
- Bonus Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 1652
- Tax Tract Number 5487
- Assessor Parcel Number 6209006019
- $1,276 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $120,480
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2025
Closed on
Mar 19, 2026
Sold by
Gonzalez Melvin
Bought by
Seller's Agent
Marvin Garcia
ROA California Inc.
Buyer's Agent
Marvin Garcia
ROA California Inc.
List Price
$1,400,000
Sold Price
$1,400,000
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,702
Avg. Annual Appreciation
1.52%
Original Mortgage
$1,120,000
Outstanding Balance
$1,114,369
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$294,333
Purchase Details
Closed on
Dec 3, 2004
Sold by
Jimenez Tivor P and Jimenez Josephine E
Bought by
Gonzalez Melvin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2002
Sold by
Jimenez Tivor P and Jimenez Josephine E
Bought by
Jimenez Tivor P
Purchase Details
Closed on
Apr 6, 2000
Sold by
Jimenez Tivor P and Jimenez Josephine E
Bought by
Jimenez Tivor P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.25%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Gate, CA
-
Luis Gallegos
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
126 Total Sales
1 in South Gate
$552,000 Price
-
Deidre Pfeifer
Deidre Pfeifer
First Team Real Estate
(951) 934-7862
67 Total Sales
1 in South Gate
$660,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
166 Total Sales
1 in South Gate
$774,000 Price
-
Pedro Torres Jr.
Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
1 in South Gate
$637,000 Price
-
Andrew Villagomez
Andrew Villagomez
Real Broker
(442) 327-1202
78 Total Sales
1 in South Gate
$775,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,400,000 | Ticor Title | |
| Grant Deed | $600,000 | Commonwealth | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,120,000 | New Conventional | |
| Previous Owner | $730,000 | New Conventional | |
| Previous Owner | $625,500 | Unknown | |
| Previous Owner | $480,000 | Purchase Money Mortgage | |
| Previous Owner | $56,574 | Unknown | |
| Previous Owner | $167,000 | Unknown | |
| Previous Owner | $160,000 | Unknown |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | Sold | $1,400,000 | 0.0% | $353 / Sq Ft |
| 01/27/2026 01/27/26 | Off Market | $1,400,000 | -- | -- |
| 01/26/2026 01/26/26 | Pending | -- | -- | -- |
| 11/26/2025 11/26/25 | For Sale | $1,400,000 | -- | $353 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,315 | $853,061 | $412,314 | $440,747 |
| 2025 | $11,315 | $836,335 | $404,230 | $432,105 |
| 2024 | $10,930 | $819,937 | $396,304 | $423,633 |
| 2023 | $10,742 | $803,861 | $388,534 | $415,327 |
| 2022 | $10,236 | $788,100 | $380,916 | $407,184 |
| 2021 | $10,103 | $772,648 | $373,448 | $399,200 |
| 2019 | $9,784 | $749,732 | $362,372 | $387,360 |
| 2018 | $9,579 | $735,032 | $355,267 | $379,765 |
| 2016 | $8,590 | $660,000 | $430,000 | $230,000 |
| 2015 | $8,053 | $616,000 | $400,000 | $216,000 |
| 2014 | $6,585 | $480,000 | $327,300 | $152,700 |
Source: Public Records
Agents Affiliated with this Home
-
Marvin Garcia
Seller's Agent in 2026
Marvin Garcia
ROA California Inc.
113 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25266774
APN: 6209-006-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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