927 W Gage Avenue Pending

Los Angeles,CA 90044

$ 995000

- Bed

- Bath

3201 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,201 sqft

Price per Sqft $310

MLS Listing ID CRGD24155978

Year Built 1957

Lot Size 6,116 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

Interior

Cooling Other

Laundry No Hookups

Building

Lot Description Level,Other

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