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8023 Golden Ave South Gate, CA 90723
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Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,585 sqft
Price per Sqft $454
MLS Listing ID 23-293693
Bedrooms 4
Year Built 1940
Annual Tax Amount $8,125
Lot Size 6,240 Sqft
Property Description
Two Stand-Alone Houses on 6,240-SF Lot | Highly Desirable South Gate Location | No Local Rent Control - Defaults to AB 1482 | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units | Private Front Yards for Each Unit | Residential Asset - Perfect Owner-User OpportunityTwo Garages | Tremendous Value-Add Opportunity - Approximately 64% in Rental Upside | 6.45% Pro-Forma Cap Rate & 11.05 Pro-Forma GRM | Qualifies for Residential Financing
Location
State CA
County Los Angeles
Area Paramount North Of Somerset
Zoning SGC3*
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage
Garage Spaces 2.0
Building
Story 1
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with VIP Real Estate Firm