8023 Golden AVE, South Gate, CA 90723 – 23293693

$720,000

$650,000

10.8%

Est.Price: ?

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Est. payment -/mo

4 Beds

2 Baths

1,585 SqFt

SOLD DATE : 10/02/2023

Key Details

Sold Price $720,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,585 sqft

Price per Sqft $454

MLS Listing ID 23293693

Sold Date 10/02/23

Bedrooms 4

HOA Y/N No

Year Built 1940

Lot Size 6,242 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 Rl - Paramount North Of Somerset

Zoning SGC3*

Interior

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Total Parking Spaces 2

Building

Story 1

New Construction No

Others

Senior Community No

Tax ID 6264006010

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Jonathan Nikfarjam • Shield CRE, Inc.
Bought with Jesus Ontiveros • VIP Real Estate Firm

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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