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 region of Cudahy, South Gate West of 710, and Hunt Park South of Florence (T2) in sunny California. Nestled within the bustling county of Los Angeles, this area offers a unique blend of urban convenience and suburban charm.

For those seeking a home in this dynamic locale, the Homes with Apartment subtype truly stand out. These properties offer a versatile and practical living arrangement, perfect for those looking to maximize space and functionality. Whether you're a first-time homebuyer, a growing family, or an investor, these homes provide a fantastic opportunity to own a piece of real estate in this sought-after area.

Living in Cudahy, South Gate West of 710, and Hunt Park South of Florence (T2) means enjoying easy access to a plethora of amenities, including shopping centers, dining options, parks, and entertainment venues. With its prime location in South Gate, residents can also benefit from a quick commute to neighboring cities and major employment hubs.

If you're looking for a home that offers both comfort and convenience in the heart of Southern California, exploring the Homes with Apartment subtype in this region is a fantastic choice. Don't miss out on the opportunity to find your dream home in this lively and thriving community.

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.