8023 Golden Avenue, South Gate, CA 90723
Property
Sold October 2023
Listing Agent: Jonathan Nikfarjam (DRE #01856803) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Jesus Ontiveros · VIP Real Estate Firm · MLS #23293693 · Source: CRMLS
4
Bedrooms
2
Bathrooms
1,585
Sq Ft
6,240 sqft
Lot Size
1940
Year Built
Property
Type
2
Garage
About this property
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
Listing description from the October 2023 sale, as reported to CRMLS.
Sale history
$720,000
Sold October 2023 · listed $650,000, on market July 2023 · MLS #23293693 · Source: CRMLS
Listing Agent: Jonathan Nikfarjam · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Jesus Ontiveros · VIP Real Estate Firm