$ 1,350,000
-
$1,350,000
Price -
8
Bed -
6
Bath -
3,064
SqFt -
0.14
Acre
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About the Listing PB19489 - TRKEVILO,TRCHENLAW
This completely renovated 3-unit property, with a brand-new attached and detached ADU, offers immense flexibility to both investors and owner-users. Live in one unit and rent the others, or hold the whole property as a cash-flow investment. Pro forma GSI is ~$115,200 with a 6.0% cap. Unit mix consists of 1) Front 3-bd / 2-ba of ~1,064 sf, 2) Newly built attached ADU 2-bd / 2-ba of ~798 sf, and 3) Newly built detached ADU of 3-bd / 2-ba of ~1,200 sf. All units are individually metered and addressed, and each comes with its own laundry and appliances. Solar lease on the detached ADU can be assumed or purchased. The long driveway provides some parking spaces, and street parking is readily available. With little to no landscaping needed, operating expenses are limited to water, which can be passed through, and acute/routine maintenance. Located within 6 miles of Downtown LA, this property presents a welcoming opportunity to stake a foothold in the robust LA rental market.
Listing Highlights for 1008 S Gage Ave
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Vinyl
- Basement:
- Other: High Ceilings,Open Floorplan,Quartz Counters,Primary Suite,Walk-In Closet(s)
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Asphalt
- Others: Concrete,Stucco,2+ Total Units,Has ADU
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5239014016
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1008 S Gage Ave Los Angeles, CA 90023
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