1207 W Gage Avenue

Los Angeles, CA 90044

$1,230,000

Sold Price
9

bed Beds

4

shower Baths

2,563 sqft

straighten / sqft

1922

calendar_month Built

Property Description

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.

Listing Information

Close Price $1,230,000
Close Date Wednesday, September 11th, 2024
Status Closed
MLS SR24143296
HOA $0
Type Residential
Subtype Triplex
Year Built 1922
Lot Size 6,231
Structure Size 2,563
DOM 18
Courtesy Of Re/Max Luxe
Listing Agent Ashkan Etemad-Sadati DRE#01994702

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms 9
Total Bathroom
Bathrooms 4
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Quartz Counters, Recessed Lighting
Cooling Type
Cooling Type Ductless

Exterior Information

Maps

Listing information courtesy of: Ashkan Etemad-Sadati, Re/Max Luxe . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 11th, 2024 at 9:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.