South Gate, CA 90280,13206 Paramount BLVD
South Gate, CA 90280,13206 Paramount BLVD
South Gate, CA 90280,13206 Paramount BLVD
South Gate, CA 90280,13206 Paramount BLVD
South Gate, CA 90280,13206 Paramount BLVD
South Gate, CA 90280,13206 Paramount BLVD
See all 9 photos

$1,225,000

$1,295,000

5.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

13 Beds

6 Baths

6,088 SqFt


SOLD DATE : 11/02/2023

Key Details

Sold Price $1,225,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,088 sqft

Price per Sqft $201

MLS Listing ID 23293805

Sold Date 11/02/23

Bedrooms 13

HOA Y/N No

Year Built 1959

Lot Size 0.253 Acres

Property Description

Mixed-Use Investment Opportunity - 2 Retail Stores + 6 Apartment Units | 10.30% Pro-Forma Cap Rate & 6.74 Pro-Forma GRM | 5.87% Current Cap Rate & 9.85 Current GRM | 6,088-SF of Rentable SF* on a Large 11,016-SF Lot | Value-Add Investment - Opportunity for Investor to Lease Retails Spaces to New Tenants at Market Rate | Most Units Contain Individual Hot Water Heaters & Washer/Dryer Hook-Ups | Apartment Units Comprised of (Two) 3-Bedroom/1-Bathroom Units, (Three) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Units | No Local Rent Control - Defaults to AB 1482 | Retail Stores Consists of 1,338 SF | Located on a Major Thoroughfare of South Gate | Great Frontage for Retail Stores on Paramount Boulevard | High Visibility & Heavily Trafficked - Over 33,840 Vehicles Per Day

Location

State CA

County Los Angeles

Area Rl - Paramount North Of Somerset

Zoning SGC3*

Interior

Fireplace No

Exterior

Parking Features Driveway, Uncovered

Total Parking Spaces 6

Building

Story 1

New Construction No

Others

Senior Community No

Tax ID 6264006004

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

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


California Regional MLS (CRMLS)
Listed by Jonathan Nikfarjam • Shield CRE, Inc.
Bought with Jonathan Nikfarjam • Shield CRE, Inc.
agent-avatar

+1(626) 630-2141

andreww@gowpnow.com

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

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.