We are pleased to present this vacant 3-unit property located in the heart of South Los Angeles. The completely renovated property consists of: Unit 1207 a 4-bedroom, 2-bath unit, approximately 1,122 SF, Unit 1205 a 2-bedroom, 1 bath unit, approximately 702 SF, and Unit 1209 a 3-bedroom, 1 bath detached accessory dwelling unit, approximately 749 SF. Each unit is equipped with a brand-new ductless mini-split system, double-pane windows, tankless water heaters, washer/dryer hook-ups. All units feature white shaker cabinets, quartz countertops, ceiling fans, and luxury waterproof flooring. Each unit has its own separate gas and electric meters. There is a long driveway that leads to a concrete/gravel pad which can accommodate up to 6 cars. Potential gross rents up to $10,000/Month, achieving a high cap rate. It's conveniently located near public transportation and major freeways.
MLS #
CRSR24143296
MLS Source
California Regional MLS
Fireplace
None
Laundry
Hookup - Gas Dryer
Cooling
Ceiling Fan
Roof
Composition
Foundation
Raised, Slab
Pool
None
Garage/Parking
Other, Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR2
1207 W Gage Ave is a Triplex in Los Angeles, CA 90044. This 2,563 square foot property sits on a 6,231 Sq Ft Lot and features 9 bedrooms & 4 full bathrooms. It is currently priced at $1,230,000 and was built in 1922.
This address can also be written as 1207 W Gage Ave, Los Angeles, CA 90044.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 11, 2024. For the most current information, please contact Ashkan Etemad-Sadati