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 Los Angeles County, South Gate is a city that boasts a rich cultural heritage and a welcoming atmosphere. The area west of the 710 Freeway and south of Florence Avenue, particularly around Cudahy and Hunt Park, offers a unique blend of residential comfort and accessibility.

In this dynamic region, you'll find a variety of homes with apartment subtypes, perfect for those seeking flexibility and community. These residences often feature spacious layouts that cater to both families and individuals, providing an ideal setting for relaxation and entertainment. Whether you're a first-time homebuyer or looking to invest, the diverse housing options in this area make it an attractive choice.

Residents of South Gate enjoy a plethora of local amenities, including parks, shopping centers, and dining options that reflect the area’s multicultural vibe. The nearby Hunt Park is a local favorite, offering green spaces for outdoor activities and community events, fostering a sense of belonging among neighbors.

Additionally, the region's strategic location allows for easy access to major highways and public transportation, ensuring that the bustling heart of Los Angeles is just a short drive away. With its blend of community spirit, convenient living, and diverse housing options, South Gate is not just a place to live—it's a place to thrive. Discover your new home in this charming part of Los Angeles County today!

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

10621 San Carlos, South Gate
$1,375,000
PW26174944 MLS ⋅ Active Under Contract 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.