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 the charm of suburban living meets the convenience of urban amenities. Nestled in the heart of Los Angeles County, the region of Cudahy and the western section of South Gate, just west of the 710 freeway, offers a unique blend of culture, accessibility, and community spirit.

This area is known for its friendly neighborhoods and diverse population, making it an ideal place for families, young professionals, and anyone seeking a welcoming atmosphere. With easy access to major highways, residents enjoy a quick commute to downtown Los Angeles and surrounding areas, while still relishing the tranquility of suburban life.

In terms of housing, South Gate boasts a variety of options, including charming homes with apartment subtypes that cater to various lifestyles. Whether you’re looking for a cozy duplex or a spacious multi-family residence, the homes in this region provide flexible living arrangements that are perfect for growing families or those seeking rental income opportunities. Many properties feature inviting outdoor spaces, ideal for family gatherings or enjoying the California sunshine.

Residents of South Gate can also take advantage of nearby parks, shopping centers, and local eateries, making everyday life both enjoyable and convenient. The community is rich in amenities, from recreational facilities to educational resources, ensuring that all your needs are met right at your doorstep.

Explore the warmth and vibrancy of South Gate today, and discover the perfect home that suits your lifestyle in this thriving Los Angeles County gem!

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.