About 931 W Gage Avenue
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.
Features of 931 W Gage Avenue
| MLS® # | 24470889 |
|---|---|
| Price | $1,100,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,201 |
| Lot Size | 5,982 |
| Year Built | 1957 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 931 W Gage Avenue |
|---|---|
| Area | C34 - Los Angeles Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90044 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Assigned |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate |
|---|---|
| Appliances | Gas Cooktop, Refrigerator |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Shingle |
|---|---|
| Foundation | Raised |
Additional Information
| Date Listed | December 11th, 2024 |
|---|---|
| Days on Market | 459 |
| Zoning | LARD2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Nathan Bishop |
|---|---|
| Office | Carolwood Estates |