1226 W Gage Avenue, Los Angeles, CA 90044
Triplex · 3 recorded sales since 2022
Sold February 2024
Listing Agent: Ashkan Etemad-Sadati (DRE #01994702) · Listing Office: Re/Max Luxe · Contact: 818-917-8459 · Bought with: Daniel Smith · Keller Williams Realty Calabasas · MLS #SR23196169 · Source: CRMLS
About this triplex
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.
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history
