931 W Gage Avenue

Los Angeles, CA 90044

$1,100,000

List Price

8

bed Beds

4

shower Baths

3,201 sqft

straighten / sqft

1957

calendar_month Built

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.

Listing Information

List Price $1,100,000
Status Active
MLS 24470889
Type Residential Income
Year Built 1957
Lot Size 5,982
Structure Size 3,201
DOM 8
Courtesy Of Carolwood Estates
Listing Agent Nathan Bishop DRE#01924217

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Flooring Information
Material Laminate
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features None

Maps

Listing information courtesy of: Nathan Bishop, Carolwood Estates 310-746-7663. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 1:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.