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1226 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 duplex consists of two (2) 2-bedroom, 1-bath units, each just over 800 square feet, and one (1) detached 1200-square-foot brand-new construction accessory dwelling unit with 4 bedrooms and 2 baths. Each unit is equipped with a brand-new HVAC system, double-pane windows, a tankless water heater, and washer/dryer hook-ups. All units feature white shaker cabinets, quartzite countertops, stainless steel appliances, and luxury waterproof flooring. Each unit has its separate gas and electric meters. A paid-off solar system has been installed on the ADU. There is a long driveway that can accommodate 4-5 cars. The lot perimeter is secured with block walls and a wrought-iron gate. Potential gross rents can range from $9,000 to $10,000, achieving a high cap rate. It's conveniently located near public transportation and major freeways.
PROPERTY INFORMATION
| MLS # | SR23192982 | Lot Size | 6,336 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,239,000
Price Per SqFt: $ 437 |
DOM | 562 Days |
| Address | 1226 Gage Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 2,833 Sq. Ft. |
| Postal Code | 90044 | Garage | N/A |
| County | Los Angeles | Year Built | 1921 |
| Bed / Bath | 8 / 0 | Parking | N/A |
| Built In | 1921 | Status | Closed |
| Sold Date | 2024-02-23 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater |
| Kitchen Information | Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers |
| Room Information | Attic, Jack & Jill, Living Room |
| Has Cooling | Yes |
| Cooling Information | Central Air, Heat Pump |
| EntryLocation | Front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| Main Level Bedrooms | 8 |
| Main Level Bathrooms | 4 |
EXTERIOR FEATURES
| Roof | Composition |
| Has Pool | No |
| Pool | None |
| Has Patio | Yes |
| Patio | Front Porch |
| Has Fence | Yes |
| Fencing | Block, Wrought Iron |
| Has Sprinklers | Yes |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,322
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/23/2024 | Sold | $1,250,000 |
| 01/26/2024 | Pending | $1,239,000 |
| 01/24/2024 | Active | $1,239,000 |
| 01/17/2024 | Price Change | $1,239,000 (-4.62%) |
| 10/21/2023 | Listed | $1,299,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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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.
