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Listed by Krikor Garabedian • Keller Williams R. E. Services
$995,000
Est. payment /mo
3,201 SqFt
Pending
927 W Gage Avenue Los Angeles, CA 90044
UPDATED:
09/27/2024 10:32 AM
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
HOA Y/N No
Originating Board Datashare California Regional
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
Fireplace No
Laundry No Hookups
Building
Lot Description Level, Other
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