Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes with Apartment Subtype

Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes with Apartment Subtype

Welcome to the vibrant community of South Gate, California, where charm meets convenience in the heart of Los Angeles County. Nestled just west of the 710 Freeway, the area of Cudahy and South Gate offers a delightful blend of suburban tranquility and urban accessibility. This region is known for its diverse neighborhoods, rich cultural tapestry, and a strong sense of community that welcomes all.

South Gate is home to a variety of housing options, including homes with an apartment subtype, making it an ideal choice for families, young professionals, and investors alike. These properties often feature spacious layouts, multiple bedrooms, and the potential for rental income, perfect for those looking to supplement their income or accommodate extended family members. With the rising demand for multi-family living spaces, these homes present a unique opportunity for savvy buyers.

The region boasts an array of amenities, including parks, shopping centers, and dining options that cater to every palate. Residents enjoy easy access to major highways and public transportation, making commutes to downtown Los Angeles and surrounding areas a breeze. The local schools are well-regarded, adding to the appeal for families seeking quality education for their children.

Whether you’re looking for a cozy apartment-style home or a property with rental potential, South Gate and Cudahy have something to offer everyone. Discover the charm of this community and explore the possibilities that await you in this thriving Los Angeles enclave!

Newest Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes with Apartment Subtype

$1,375,000
PW26174944 MLS Active Status
We are pleased to present 10621 San Carlos Ave, a six-unit multifamily investment opportunity located in the City of South Gate to market. The property consists of six (6) spacious two-bedroom / one-bathroom units averaging approximately 766 square feet each, situated within a 4,600-square-foot building on a 6,282-square-foot lot. Held and maintained by the same family for over 50 years, the asset represents a rare pride-of-ownership offering with minimal deferred maintenance. The property has benefited from meaningful recent capital investment including a new main electrical panel with six new individual subpanels for each unit (2026), water heater (2026), a reflective silicone roof (2021), and fresh exterior paint with fascia work throughout (2020). Unit D has been fully renovated with new flooring, kitchen, and bathroom achieving $2,050, highlighting the high tenant demand for 2 bedroom units in the area. The units are separately metered for gas and electric, and the property features fully secured and gated parking with six spaces at the rear with no tuck-under component. Priced at $229,167 per unit and $298 per square foot, 10621 San Carlos Ave is offered at a 5.48% current cap rate and an 11.07 current GRM. Current rents sit approximately 25% below market, offering a new investor upside through allowable rent increases and natural turnover. South Gate has not have any municipal rent control, and is governed solely by California's statewide Tenant Protection Act (AB 1482), which currently permits annual increases of up to 8.7%. Combined with recent capital improvements, a solid unit mix, and durable tenant demand throughout South East LA, 10621 San Carlos Ave offers an attractive combination of stabilized in-place cash flow and defined future upside.

10621 San Carlos, South Gate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.