Los Angeles, CA 90044,927 W Gage AVE
Los Angeles, CA 90044,927 W Gage AVE
Los Angeles, CA 90044,927 W Gage AVE
Los Angeles, CA 90044,927 W Gage AVE
Los Angeles, CA 90044,927 W Gage AVE
Los Angeles, CA 90044,927 W Gage AVE
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$975,000

$995,000

2.0%
Est.Price: ?

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Est. payment /mo

6,115 Sqft Lot


SOLD DATE : 11/07/2024

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD24155978

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Cooling Ductless

Fireplaces Type None

Laundry None

Exterior

Pool None

Community Features Urban

Building

Lot Description Level, Rectangular Lot

Story 1

Sewer Public Sewer

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Charles Laird - CB Realty

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California Regional MLS (CRMLS)
Listed by Krikor Garabedian • Keller Williams R. E. Services • 818-298-8810
Bought with David Ifediba • Real Brokerage Technologies

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