Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes with Carport Parking features

Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) Homes with Carport Parking features

Welcome to the vibrant region of South Gate, nestled in the heart of Los Angeles County, California. Specifically, we invite you to explore the charming neighborhoods of Cudahy and the western areas of South Gate, bordered by the 710 freeway and Hunt Park, located south of Florence Avenue. This area boasts a rich tapestry of community spirit, cultural diversity, and convenient amenities, making it an ideal place for families and individuals alike.

South Gate is known for its welcoming atmosphere, with well-maintained parks, local shops, and a variety of dining options that cater to all tastes. Residents enjoy easy access to major highways, making commutes to downtown Los Angeles and other parts of the city a breeze. The community is also home to several schools, ensuring that educational opportunities are within reach for families.

When it comes to housing, this region offers an array of charming homes, many of which feature carport parking—a highly sought-after amenity in urban living. These carports not only provide protection for your vehicle but also offer additional storage space, enhancing the practicality of your home. Imagine coming home to a cozy residence where you can easily park your car and enjoy the comforts of your living space.

Whether you’re a first-time homebuyer or looking to settle down in a community that feels like family, the homes in Cudahy and South Gate are waiting for you. Discover the perfect blend of suburban tranquility and urban convenience in this delightful corner of Los Angeles County!

Newest Cudahy, SouthGate W of 710, HuntPk S of Flore (T2) 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.