Ready to own a four-unit property with great income. One unit is currently vacant and available for immediate occupancy upon the close of escrow. This vacant unit and the additional units have been renovated, with upgraded features. The property comprises of four spacious 2-bedroom, 1-bathroom units, approximately 800 sq ft, all located on the ground floor. Public records say the building is 3,201 square feet and is situated on a lot of 5982 square feet. Conveniently located on Gage Avenue, the property is less than half a mile from the 110 Freeway, situated between Hoover and Vermont. The surrounding area includes a mix of single-family residences and apartment buildings. The remaining three units generate a total rental income of $6744.00 per month, providing a substantial contribution towards the purchase and living expenses for potential buyers.
Property Details
Price:
$1,100,000
MLS #:
24470889
Status:
Active
Baths:
0
Address:
931 W Gage Avenue
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Dec 11, 2024
State:
CA
ZIP:
90044
Lot Size:
5,982 sqft / 0.14 acres (approx)
Year Built:
1957
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Schools
Interior
Accessibility Features
None
Appliances
Refrigerator, Gas Cooktop
Cooling
None
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Exterior
Foundation Details
Raised
Parking Features
Assigned
Parking Spots
4.00
Pool Features
None
Roof
Shingle
Sewer
Other
Spa Features
None
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Cable T V, Gas, Electricity
Map
Community
- Address931 W Gage Avenue Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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Courtesy of Carolwood Estates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
931 W Gage Avenue
Los Angeles, CA
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