South Gate Homes with Carport Parking features

South Gate Homes with Carport Parking features

Welcome to South Gate, California – a vibrant city nestled in the heart of Los Angeles County, where urban convenience meets suburban charm. With a rich history and a diverse community, South Gate offers a unique blend of culture, entertainment, and accessibility. Just a stone’s throw from downtown Los Angeles, residents enjoy the benefits of city living while relishing the warmth of a close-knit neighborhood.

South Gate boasts an array of parks, recreational facilities, and shopping options, making it an ideal place for families and individuals alike. The city’s commitment to community engagement is evident through its various events and programs designed to foster connection and growth. With excellent schools and a strong sense of community pride, it’s no wonder that South Gate is a sought-after destination for homebuyers.

For those in search of a comfortable and practical living space, many homes in South Gate come equipped with convenient carport parking. This feature not only provides protection for your vehicle from the elements but also adds an extra layer of convenience to your daily routine. Imagine coming home after a long day, effortlessly parking your car in the shade of your carport, and stepping into your cozy abode.

Whether you're a first-time homebuyer or looking to settle down in a welcoming community, South Gate offers a variety of housing options that cater to your lifestyle needs. Discover the charm of this thriving city and find your perfect home with the added benefit of carport parking – a true gem in the bustling landscape of Los Angeles County.

Newest South Gate Homes with Carport Parking features

$1,499,999
DW26022544 MLS Active Status
We are pleased to present a rare opportunity to acquire a well-maintained 6-unit multifamily property located in the City of South Gate. The property consists of a two-story building with three units on each level, offering a total of approximately 3,960 sq. ft. of living space on a 7,240 sq. ft. lot. The unit mix includes four (4) one-bedroom, one-bath units and two (2) two-bedroom, one-bath units. Each unit is separately metered and includes one assigned carport parking space. Additionally, the property features an on-site laundry room, providing an extra source of passive income. This building has been thoughtfully upgraded to meet insurance inspection requirements, making it a strong, low-maintenance investment. Major capital improvements include a roof approximately 5 years old, new plumbing throughout the building completed approximately 2 years ago, and interior upgrades in select units, including newly tiled walls and flooring. All six units are equipped with individual fuse boxes, and the main electrical panel was upgraded, along with five new subpanels installed within the last year. The property offers a strong value-add opportunity through rent optimization and continued operational efficiencies. Current rents reflect an approximate 4.06% cap rate, providing immediate, stable cash flow. With strategic rent adjustments to align with market rents, the property demonstrates the potential to achieve an estimated 8% cap rate, significantly enhancing long-term returns. Given the building’s recent capital improvements the asset is well positioned for rent growth with minimal additional capital expenditure. The favorable unit mix of one- and two-bedroom units supports strong tenant demand in the South Gate rental market. Conveniently located near Firestone Blvd and Tweedy Blvd, the property offers excellent access to local amenities. The Azalea Regional Shopping Center is just a 7-minute drive, Northgate González Market is approximately 2 minutes away, and South Gate Park is within a 10-minute drive. The 710 and 105 freeways are nearby, providing easy commuter access throughout Los Angeles County. Drive-by only. Please do not disturb tenants. PC: Quinn Media

9723 San Juan, 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.