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 neighborhoods of Cudahy and South Gate, nestled in the heart of Los Angeles County, California. This region, particularly the areas west of the 710 Freeway and south of Florence Avenue, boasts a rich tapestry of culture, convenience, and community spirit. With easy access to major highways, residents enjoy a seamless commute to downtown Los Angeles and beyond, while still relishing the charm of suburban living.

The housing market here is diverse, with a notable presence of homes featuring apartment subtypes. These properties are perfect for those seeking flexibility and potential rental income. Whether you're a first-time buyer, an investor, or looking for a multi-generational living solution, these homes provide a unique opportunity to blend comfort with practicality. Many of these residences offer spacious layouts, modern amenities, and the potential for personalized touches that make them truly feel like home.

Cudahy and South Gate are also known for their welcoming community atmosphere. The neighborhoods are dotted with parks, local shops, and eateries that reflect the rich cultural heritage of the area. Families will appreciate the proximity to schools and recreational facilities, making it an ideal place to raise children.

Living in this region means embracing a lifestyle that balances urban convenience with suburban charm. Whether you’re enjoying a quiet evening in your apartment-style home or exploring the vibrant local scene, Cudahy and South Gate offer a wonderful place to call home. Discover the possibilities today!

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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