1008 S Gage Avenue Los Angeles, CA $ 1,350,000
1008 S Gage Avenue
$ 1,350,000
Recently Listed
Share Save

1008 S Gage Avenue

Los Angeles, CA, 90023
$ 1,350,000
Bedrooms-- Baths2.0 Sq 3,064

Monthly Estimate*

$ 9,324

Listed by Kevin Lo, Exp Realty of California Inc, kevin@lorealtygroup.com
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 1
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 2
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 3
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 4
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 5
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 6
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 7
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 8
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 9
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 10
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 11
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 12
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 13
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 14
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 15
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 16
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 17
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 18
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 19
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 20
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 21
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 22
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 23
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 24
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 25
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 26
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 27
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 28
1008 S Gage Avenue, Los Angeles, CA 90023 - Image 29

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 2 full baths. This 3,064 square foot home was built in 1920 on a lot size of 0.1446.

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.

See more

Multi-Family Active

Price

$ 1,350,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1446

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

TR26232021

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Asphalt
Appliances Dishwasher Gas Range Refrigerator Range Hood
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Concrete Stucco
Year Built 1920
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 115200
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 80640
Operating Expense 34560
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Green Energy Generation Solar
Special Listing Conditions Standard
Status Active
Directions Whittier Blvd & Dennison St
City Los Angeles
Entry Location Front door
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 6299
Carport Spaces 0
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Walk Score 82
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 80
Property Sub Type Additional Triplex
Cap Rate 5.97
See more
Interior
Interior Amenities High Ceilings Open Floorplan Quartz Counters Primary Suite Walk-In Closet(s)
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall End Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup Laundry Closet
Entry Level 1
See more
Exterior
Fencing Vinyl Wrought Iron
Parking Features Driveway
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 6299
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 3064
Lot Size Acres 0.1446
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
See more
* Excluded Features
List By
Kevin Lo

Listing Agent

Exp Realty Of California Inc

Broker

kevin@lorealtygroup.com

Email

Affordability Calculator

$9,324
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,324
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2026$1,350,000 Listed Price

Map


See all

1008 S Gage Avenue, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $1,350,000 with 3,064 sqft and a lot size of 0.1446. 1008 S Gage Avenue has 2.0 baths and was built in 1920. The property's zip code is 90023 which is in Los Angeles, CA