90280 Homes with Apartment Subtype

90280 Homes with Apartment Subtype

The zip code 90280 is located in South Gate, Los Angeles County, California. This vibrant city offers a diverse range of real estate options, including homes with the apartment subtype.

Homes with the apartment subtype are a popular choice for many homebuyers in the 90280 area. These properties offer a unique living arrangement where homeowners have the opportunity to live in one unit and rent out the other units for additional income. It's a great option for those looking to invest in real estate or for individuals who want to offset their mortgage payments.

These homes often feature separate entrances and utilities for each unit, providing privacy and convenience for both the homeowner and tenants. The additional rental income can help homeowners build equity and generate a passive income stream.

The 90280 zip code offers a variety of homes with the apartment subtype, ranging from single-family houses with attached units to multi-unit buildings. Whether you're a first-time homebuyer or an experienced investor, there are options to suit your needs and budget.

Living in South Gate provides residents with a vibrant community, excellent schools, and access to various amenities. With its convenient location in Los Angeles County, residents can enjoy easy access to nearby cities, entertainment venues, shopping centers, and employment opportunities.

If you're interested in exploring real estate options in the 90280 zip code, consider homes with the apartment subtype for a unique and potentially profitable living arrangement.

Newest 90280 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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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.