Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes under $2 million

Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes under $2 million

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Newest Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes under $2 million

8995 Alexander, South Gate
$755,000
3 Beds ⋅ 2 Baths ⋅ DW26186890 MLS ⋅ Active Status
Two permitted separate homes on the lot! With Solar? OMG! This baby comes with a backup battery! Sometimes the easiest choice is to replace. The more interesting choice is to look at what is already there and see what it can become. That has been the philosophy behind the transformation of this special property. Instead of covering the original hardwood floors, for example, with less expensive, commonly used luxury vinyl, most existing floors in the front house were rescued, resurfaced, and brought back to life. The original stone façade received an authentic Italian limewash treatment. Yes, we actually waited for it to arrive from Italy. We think it was worth the wait. Home configuration: a 2-bedroom front home and a 1-bedroom rear home, offering privacy, flexibility, and the rare feeling of having your own distinct space. Private individual patios were curated and designed to create a place to relax, entertain, or simply enjoy a little Southern California sunshine. Modern comforts include mini-split systems for heating and air conditioning, bringing efficient, year-round comfort to both homes. And then there’s the solar. Solar systems have been added, including a Tesla system serving the front residence, bringing smarter energy to a thoughtfully reimagined home. And not just any solar setup, the system was intentionally designed with added battery storage to capture and store solar energy for later use. The existing Power Purchase Agreement (PPA) provides solar power, while the added battery provides another level of flexibility by storing energy generated by the system for use when needed, including during cloudy periods or when solar production is lower. In other words, the battery wasn’t an afterthought. It was intentionally added as an upgrade to maximize the usefulness of the solar system. From carefully selected lighting, plumbing fixtures, a new dishwasher and refrigerator, to hardware and finishing touches that quietly elevate everyday life, the goal was to create spaces that feel polished, warm, and thoughtfully considered. Beyond the transformation you see today, additional planning has gone into understanding what may be possible tomorrow. An architect was engaged to prepare a professional property survey and explore potential future possibilities, to be included for future owners. A dedicated rear-yard planter area has been thoughtfully left open for a future vegetable or herb garden. PPA Solar cheat sheet enclosed here.

8995 Alexander, South Gate

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.