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842 W Gage Ave, Los Angeles, CA 90044
$930,000
842 W Gage Ave, Los Angeles, CA 90044View this property at 842 W Gage Ave, Los Angeles, CA 90044
842 W Gage AveLos AngelesCA90044
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Property Description
Incredible Investor or Owner-User opportunity! The property includes 3 fully renovated Single-Homes on a large 5,664 sf. lot with great income-producing Cash Flow. A prime South Los Angeles location with consistent rent demand, near Downtown LA, Sofi Stadium, USC, Culver City, and South Bay. The duplex and ADU have been renovated with permits, featuring new electrical wiring, sewer line, plumbing, windows, flooring, updated kitchens, quality quartz countertops, renovated bathrooms, and 3 new electrical panels. 2 of the homes have new A/C systems. The complex is fully gated with ample parking spaces and new concrete driveways. The front house has 3BR & 2BA. The second house is configured as 2BR & 1BA (legal registered 1 BR) and the ADU is 1BR & 1BA, and each have their own private rear patios. Square footage listed per floorplan measurements (attached), Buyer to verify. Amazing opportunity for a fully renovated, rental income and cash flow producing asset in prime LA location!
Full Property Details
Full Property Details for 842 W Gage Ave
General
- Sold For: $930,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-286687
- Added to Site: 323 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Security/Safety: Gated
- Other Features: None
Parking
- Garage Description: Gated, Uncovered
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Driving Directions: West of 110 Freeway at Gage Ave and Hoover Street.
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central, Other
Structural Information
- # Buildings: 3
- Architectural Style: Traditional
- Common Walls: Detached/No Common Walls
- Stories/Levels: 1
- Square Feet: 1,859
- Sq. Ft. Source: Taped
- Year Built: 1921
- Year Built Source: Assessor
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: 5664
- Lot Size Source: Assessor
- Lot Features: City
- Zoning: LARD2
Financial Considerations
- Price Per Sq. Ft.: $521.79
- Assessment Year: 1921
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6004-018-004
Listed by Sotheby's International Realty, Gregory J Moesser
Sold by Keller Williams Studio City, Dylan Ellis
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Schools
Schools serving 842 W Gage Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
929 W 69th St, Los Angeles, CA 90044 | K-6 | 0.3 mi | |
5929 S Vermont Ave, Los Angeles, CA 90044 | 6-8 | 0.4 mi | |
825 W 60th St, Los Angeles, CA 90044 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 842 W Gage Ave
Date
Details
Price
Change
Source
12/12/2023
Sold
$930,000
-4.12%
MLS
7/03/2023
Listed
$970,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
842 W Gage Ave, Los Angeles, CA 90044 (MLS# 23-286687) is a Multi-Family property that was sold at $930,000 on December 12, 2023. Want to learn more about 842 W Gage Ave? 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.