For a while now (and probably now with increasing frequency now that he's been written off TV), Ricardo Rodriguez has had an alter-ego in WWE (especially on NXT) as El Local. Having been trained in the Lucha Libre style in California, he's a lot more talented than a lot of fans would expect and was one of the few WWE wrestlers to have good chemistry with Sin Cara.
Last week on SmackDown, the team of Los Locales appeared on SmackDown in a losing effort against Los Matadores. The second Local was obviously Tyson Kidd in his normal gear and one of Ricardo's spare masks. With Kidd reforming his team with Justin Gabriel being the best route for him and his not being a Lucha Libre stylist, he's not the best fit, but I like the idea of Los Locales as a team.
The perfect partner for Ricardo would be Hunico. Like Evan Bourne, he's ostensibly healthy, but hasn't been wrestling. Like Ricardo, he's a very talented wrestler who can do both American and Lucha Libre style well, but hasn't really gotten a fair shot in WWE. They soured on him after he had one bad match as Fake Sin Cara and Sin Cara vs. Sin Cara didn't get over as well as anticipated due to booking more than anything.
They wouldn't necessarily be at the top of the division, but they would be a nice lower to mid level team without the type of comedy gimmick that's holding back 3MB, Tons of Funk, and Los Matadores.