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Six-Unit Apartment Building
For Sale
$1,499,999

9723 San Juan, South Gate, CA 90280

South Gate, CA

Property Size3,960 SF
Lot Size0.17 Acres
Price / SF$378.79
Days on Market260

Property Features for 9723 San Juan

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Laundry Room, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking 6
Parking features Carport
Lot features 0-1 Unit/ Acre
Directions Firestone Blvd ---> San Juan Ave (Towards Tweedy Blvd)
Subdivision T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
Standard status Active
APN 6203018028
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

on-site laundry room

Building Details

Year built 1953
Floors in Building 2
Number of units 6
Listing Agency: Circle Real Estate
Listed By: Mark Garza · License #02163279
Added: Jan 29 Changed: Oct 14 Last Checked: Oct 16 at 2:06AM
MLS# DW26022544

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-story apartment building contains six units arranged with three residences per floor, totaling approximately 3,960 square feet on a 7,240-square-foot lot. The unit mix includes four one-bedroom, one-bath apartments and two two-bedroom, one-bath apartments. Each residence has separate metering and one assigned carport space, while an on-site laundry room provides an additional operating feature.

Capital work includes a roof approximately 5 years old, building-wide plumbing completed approximately 2 years ago, and an upgraded main electrical panel with five new subpanels installed within the last year. Select apartments have received interior tile and flooring improvements, and windows serving the lower units have been replaced. Public water and public sewer serve the property.

The property is near Firestone Blvd and Tweedy Blvd, with Northgate Gonzalez Market approximately 2 minutes away, Azalea Regional Shopping Center approximately 7 minutes away, and South Gate Park within a 10-minute drive. The 710 and 105 freeways provide regional access. Current rents reflect an approximate 4.06% cap rate, with an estimated 8% cap rate at projected market rents. Showings are drive-by only; tenants are not to be disturbed.

Key Highlights

  • Six units across two stories: four 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
  • Approximately 3,960 sq. ft. on a 7,240 sq. ft. lot
  • Each unit is separately metered and includes one assigned carport parking space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,720
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,400 $1.3M
Cap Rate 7%
$910,286 $910.3K
Cap Rate 9%
$708,000 $708.0K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$125.9K $31.80/SF
− Vacancy
−$10.1K −$2.54/SF
EGI
$115.9K $29.26/SF
− OpEx
−$52.1K −$13.17/SF
NOI
$63.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,400
Cap Rate 7%
$910,286
Cap Rate 9%
$708,000

Alternative Uses

Best Use
Apartment 5plus
$910.3K
$796.5K – $1.06M (±1% cap)
NOI $63,720 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.47M (±1% cap)
NOI $148,412 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Garden Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,266
Businesses Nearby

Demographics for 90280, CA

92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story rental property with separately metered residences, assigned carport parking, and shared laundry facilities.
Where is this apartment building located?
The property is located at 9723 San Juan South Gate, CA.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Six units across two stories: four 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; Approximately 3,960 sq. ft. on a 7,240 sq. ft. lot; Each unit is separately metered and includes one assigned carport parking space
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