931 W Gage Ave, Los Angeles, CA 90044 – 24-470889

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$1,100,000

Est. payment - /mo

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8 BD

4 BA

3,201 SqFt

Active

931 W Gage Ave Los Angeles, CA 90044

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/19/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,201 sqft

Price per Sqft $343

MLS Listing ID 24-470889

Bedrooms 8

Year Built 1957

Lot Size 5,982 Sqft

Acres 0.1373

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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms None

Kitchen Counter Top

Interior

Heating Wall

Cooling None

Flooring Laminate

Fireplaces Type None

Equipment Refrigerator

Laundry In Unit

Exterior

Parking Features Assigned

Garage Spaces 4.0

Pool None

Amenities Available None

Roof Type Shingle

Handicap Access None

Building

Story 1

Foundation Raised

Sewer In Street

Water District

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Carolwood Estates