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.
MLS #
CRSR23192982
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00%
Bathrooms
Jack and Jill
Appliances
Dishwasher, Microwave, Oven - Gas, Oven Range - Gas
Fireplace
None
Laundry
Hookup - Gas Dryer
Cooling
Central Forced Air
Roof
Composition
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR2
1226 W Gage Ave is a Triplex in Los Angeles, CA 90044. This 2,833 square foot property sits on a 6,336 Sq Ft Lot and features 8 bedrooms & 4 full bathrooms. It is currently priced at $1,250,000 and was built in 1921.
This address can also be written as 1226 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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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 23, 2024. For the most current information, please contact Ashkan Etemad-Sadati