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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
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Parking Type Garage
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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Bought with Jesus Ontiveros • VIP Real Estate Firm
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