$1,100,000

931 W Gage Avenue, Los Angeles, CA 90044

8 beds |
4 baths |
3,201 sqft

Multi-Family Home
Built in 1957
5,981sqft lot
—— car garage
$344/sqft
Listed 1 year ago

Property Description

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.

Listing Status:: Active
Date Added:: December 11, 2024 at 06:00AM
Listing Office:: Carolwood Estates : 310-623-3600
Listing Agent:: Nathan Bishop : 310-746-7663
MLS ID:: 24470889

Appliances: Gas CooktopRefrigerator
Flooring: Laminate
A/C: None
Heating: Wall Furnace
Fireplace: None
Disability Feature: None

General: None
Pool: None
Parking: AssignedParking spaces: 4

Roofing: Shingle
General: 1Raised

Originating MLS: CRMLS
County: Los Angeles

Zoning: LARD26004015016

Water: Public
Sewer: Other

Source: CRMLS

This listing courtesy of Nathan Bishop, Carolwood Estates

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gerald A. Lawson Academy

929 W 69th St, Los Angeles, CA, 90044

Grades KG-6

0.31 miles away

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.33 miles away

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

825 W 60th St, Los Angeles, CA, 90044

Grades 9-12

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.