1207 Gage Avenue
Los Angeles, CA 90044
Sold
We are pleased to present this vacant 3-unit property located in the heart of South Los Angeles. The completely renovated property consists of: Unit 1207 a 4-bedroom, 2-bath unit, approximately 1,122 SF, Unit 1205 a 2-bedroom, 1 bath unit, approximately 702 SF, and Unit 1209 a 3-bedroom, 1 bath detached accessory dwelling unit, approximately 749 SF. Each unit is equipped with a brand-new ductless mini-split system, double-pane windows, tankless water heaters, washer/dryer hook-ups. All units feature white shaker cabinets, quartz countertops, ceiling fans, and luxury waterproof flooring. Each unit has its own separate gas and electric meters. There is a long driveway that leads to a concrete/gravel pad which can accommodate up to 6 cars. Potential gross rents up to $10,000/Month, achieving a high cap rate. It's conveniently located near public transportation and major freeways.
PROPERTY INFORMATION
MLS # | SR24143296 | Lot Size | 6,231 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Triplex |
Price | $ 1,249,000
Price Per SqFt: $ 487 |
DOM | 294 Days |
Address | 1207 Gage Avenue | Type | Residential |
City | Los Angeles | Sq.Ft. | 2,563 Sq. Ft. |
Postal Code | 90044 | Garage | N/A |
County | Los Angeles | Year Built | 1922 |
Bed / Bath | 9 / 4 | Parking | N/A |
Built In | 1922 | Status | Closed |
Sold Date | 2024-09-11 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Gas Dryer Hookup, Washer Hookup |
Has Fireplace | No |
Fireplace Information | None |
Has Heating | Yes |
Heating Information | Ductless |
Room Information | Basement, Kitchen, Laundry |
Has Cooling | Yes |
Cooling Information | Ductless |
InteriorFeatures Information | Ceiling Fan(s), Quartz Counters, Recessed Lighting |
EntryLocation | Front |
Entry Level | 1 |
Main Level Bedrooms | 4 |
Main Level Bathrooms | 2 |
EXTERIOR FEATURES
FoundationDetails | Raised, Slab |
Roof | Composition |
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,332
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
09/11/2024 | Sold | $1,230,000 |
08/19/2024 | Active Under Contract | $1,249,000 |
07/14/2024 | Listed | $1,249,000 |

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Listing provided courtesy of Ashkan Etemad-Sadati, Re/Max Luxe. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.