$ 995,000
927 W Gage AVE Los Angeles, CA 90044
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$ 995,000
Est. payment | /mo
6,115 Sqft Lot
$ 995,000
Est. payment | /mo
6,115 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID GD24155978
HOA Y/N No
Year Built 1957
Lot Size 6,115 Sqft
Property Description
We are pleased to present a four-unit property, with one unit currently vacant and available for immediate occupancy upon the close of escrow. This vacant unit, along with an additional unit, has been extensively renovated, featuring modern design elements and high-quality finishes. The property comprises four spacious 2-bedroom, 1-bathroom units, all located on the ground floor. According to public records, the building encompasses 3,200 square feet and is situated on a lot exceeding 6,100 square feet.
The available unit has been significantly upgraded, including the installation of mini-split systems, a new kitchen with contemporary cabinets and countertops, a renovated bathroom, and updated plumbing.
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 over $4,900 per month, providing a substantial contribution towards the purchase and living expenses for potential buyers.
The available unit has been significantly upgraded, including the installation of mini-split systems, a new kitchen with contemporary cabinets and countertops, a renovated bathroom, and updated plumbing.
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 over $4,900 per month, providing a substantial contribution towards the purchase and living expenses for potential buyers.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling Ductless
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description Level, Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6004015015
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Krikor Garabedian • Keller Williams R. E. Services • 818-298-8810
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Valerie Condon
Partner | Lic# 680245