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 energy of urban life. Nestled in the heart of Los Angeles County, the area west of the 710 freeway and south of Florence Avenue, known as Cudahy and Hunt Park, is an inviting neighborhood that offers a unique blend of residential comfort and convenient access to city amenities.

This region is characterized by its diverse culture and strong sense of community. Residents enjoy a variety of parks, local eateries, and shops that reflect the rich tapestry of backgrounds found here. The proximity to major transportation routes ensures that commuting to downtown Los Angeles or surrounding areas is a breeze, making it an ideal location for both families and professionals.

When it comes to housing, the neighborhoods in this area feature a range of homes with apartment subtypes, perfect for those looking for flexible living arrangements. Whether you’re seeking a cozy apartment for yourself or a multi-family dwelling to accommodate extended family or generate rental income, you’ll find options that suit your needs. Many of these homes boast spacious layouts and modern amenities, providing comfort and style that cater to today’s lifestyle.

In South Gate, you’re not just buying a home; you’re investing in a community rich with opportunities and a welcoming spirit. With its affordable housing options and vibrant local culture, this area is a hidden gem just waiting to be discovered. Come explore what makes this part of Los Angeles County so special—your new home awaits!

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.