$1,239,000
Sold Price1226 Gage Avenue, Los Angeles, CA 90044
About this home
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.
infoProperty Facts
Bedrooms
8
Bathrooms
4
Square Feet
2,833
Property Type
Triplex
Days on Market
90
HOA Fee
N/A
Garage Total
0
MLS #
SR23192982
chairInterior Details
General Interior
Interior Features
Attic, Jack And Jill Bath
Kitchen & Appliances
Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater
Laundry
Washer Hookup, Gas Dryer Hookup
Bed & Bath
Main Level Master
Yes
deckExterior & Lot
Building & Construction
Fencing
Block, Wrought Iron
Roof
Composition
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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