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$1,350,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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A 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.

Full Property Details for 1008 S Gage Ave

General

  • Price: $1,350,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: TR26232021
  • Updated: 11/1/2026
  • Days on Market: 4 days
  • Added to Site: 5 day(s) ago

Interior

  • Rooms/Areas: Walk-In Closet, Laundry, Kitchen, Primary Suite, Den
  • Interior Features: Quartz Counters, High Ceilings, Open Floorplan
  • Fireplace(s): None
  • Appliances: Refrigerator, Range Hood, Gas Range, Dishwasher
  • Flooring: Vinyl

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, In Closet, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Driveway
  • Parking: Driveway

Location

  • Area: BOYH - Boyle Heights
  • County: Los Angeles
  • Development Name: BOYH - Boyle Heights
  • Driving Directions: Whittier Blvd & Dennison St

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Traditional
  • Foundation: Slab
  • Roof: Asphalt
  • Windows: Double-Pane Windows
  • Entry Location: Front door
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,064
  • Year Built: 1920

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1446
  • Lot Size (Sq. Ft.): 6,299
  • Lot Size Source: Public Records
  • Lot Description: 2-5 Units/Acre

Green Features

  • Energy Generation: Solar
  • Walk Score: 82

Financial Considerations

  • Price Per Sq. Ft.: $440.6
  • Price Per Unit: 450000

Listed by Exp Realty of California Inc, Kevin Lo and A + Realty & Mortgage, Lawrence Chen

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Listing agents

— 1008 S Gage Ave —

  • Kevin Lo

    Exp Realty of California Inc

  • Lawrence Chen

    A + Realty & Mortgage

626-240-1188

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1008 S Gage Ave

School District:Los Angeles Unified School District
NameGradesDistance
Eastman Avenue Elementary School
4112 East Olympic Boulevard, Los Angeles, CA 90023
K-50.3 mi
Robert Louis Stevenson Middle School
725 South Indiana Street, Los Angeles, CA 90023
6-80.5 mi
Engineering And Technology Academy At Esteban E. Torres High No. 3
4211 Dozier Street, Los Angeles, CA 90063
9-121.4 mi
East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2
4211 Dozier Street, Los Angeles, CA 90063
9-121.4 mi
Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4
4211 Dozier Street, Los Angeles, CA 90063
9-121.4 mi
Social Justice Leadership Academy At Esteban E. Torres High No. 5
4211 Dozier Street, Los Angeles, CA 90063
9-121.4 mi
Hilda L. Solis Learning Academy School Of Technology, Business And Education
319 North Humphreys Avenue, Los Angeles, CA 90022
9-121.4 mi
James A. Garfield Senior High School
5101 E. Sixth St., Los Angeles, CA 90022
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1008 S Gage Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/31/2026
Listed
$1,350,000
150%
MLS
3/05/2024
Sold
$540,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1008 S Gage Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,478
—
$561,815
2%
2025
$7,478
549%
$550,800
1538%
2023
$1,153
106%
$33,629
2%
2022
$560
-49%
$32,970
2%
2021
$1,103
—
$32,324
1%
2020
$1,102
2%
$31,993
2%
2019
$1,081
7%
$31,366
2%
2018
$1,014
2%
$30,752
2%
2017
$996
3%
$30,150
2%
2016
$966
1%
$29,560
2%
2015
$955
-1%
$29,117
2%
2014
$960
1%
$28,547
—
2013
$949
—
$28,419
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Exp Realty of California Inc, Kevin Lo and A + Realty & Mortgage, Lawrence Chen

1008 S Gage Avenue, Los Angeles, CA 90023 (MLS# TR26232021) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1008 S Gage Avenue is currently listed for $1,350,000 and was received on October 31, 2026. Want to learn more about 1008 S Gage Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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