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 charming neighborhoods of Cudahy and South Gate, nestled in the heart of Los Angeles County, California. These vibrant communities offer a unique blend of urban convenience and suburban charm, making them an ideal place to call home.

Cudahy, known for its rich cultural diversity and strong sense of community, is a small city that packs a big punch. With easy access to major highways and public transportation, residents enjoy seamless connectivity to downtown Los Angeles and beyond. The area is dotted with parks, local shops, and eateries that reflect its eclectic character, providing a welcoming atmosphere for families and individuals alike.

Just west of the 710 freeway, South Gate boasts a dynamic mix of residential options, including homes with apartment subtypes that cater to various lifestyles. These homes are perfect for those seeking the flexibility of multi-family living, whether you’re looking to invest or create a comfortable space for extended family. The architectural styles range from cozy bungalows to contemporary complexes, ensuring there’s something for everyone.

Huntington Park, located just south of Florence Avenue, adds to the region's appeal with its vibrant community events and local markets. This area is rich in amenities, from schools to shopping centers, making it a convenient choice for residents.

In Cudahy and South Gate, you’ll find a community that values connection, accessibility, and a diverse living experience. Whether you're a first-time homebuyer or looking to expand your investment portfolio, these neighborhoods offer a promising opportunity to settle into a thriving Los Angeles enclave. Embrace the charm and convenience of Cudahy and South Gate—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 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.