1226 W Gage Avenue, Los Angeles, CA 90044

  • $1,239,000
  • $1,299,000
1226 W Gage Avenue, Los Angeles, CA 90044
Closed Updated/Remodeled,Turnkey
1226 W Gage Avenue, Los Angeles, CA 90044
1226 W Gage Avenue, Los Angeles, CA 90044
  • $1,239,000
  • $1,299,000

Overview

Property ID: SR23192982
  • Triplex, Residential
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 1921
  • Year Built

Description

We are pleased to present this vacant 3-unit property located in the heart of South Los Angeles. The completely renovated duplex consists of two (2) 2-bedroom, 1-bath units, each just over 800 square feet, and one (1) detached 1200-square-foot brand-new construction accessory dwelling unit with 4 bedrooms and 2 baths. Each unit is equipped with a brand-new HVAC system, double-pane windows, a tankless water heater, and washer/dryer hook-ups. All units feature white shaker cabinets, quartzite countertops, stainless steel appliances, and luxury waterproof flooring. Each unit has its separate gas and electric meters. A paid-off solar system has been installed on the ADU. There is a long driveway that can accommodate 4-5 cars. The lot perimeter is secured with block walls and a wrought-iron gate. Potential gross rents can range from $9,000 to $10,000, achieving a high cap rate. It’s conveniently located near public transportation and major freeways.

  • Address 1226 W Gage Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Country US

Details

Updated on February 24, 2024 at 3:07 am
  • Property ID: SR23192982
  • Price: $1,239,000
  • Land Area: 0.1455 Acres
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1921
  • Property Type: Triplex, Residential
  • Property Status: Closed

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,FHA
  • Roof: Composition
  • Sewer: Public Sewer
  • Cooling: Central Air,Heat Pump
  • County: Los Angeles
  • Property Type: Residential
  • Pool: None
  • Community Features: Curbs,Sidewalks

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Andrea Galeano Realty
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