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    363 E Gage Ave

    Los Angeles, CA 90003
    • $790,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 21-769144
    UPDATED: 42 min ago
    $790,000
    • 5
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,107
      SQFT
    • $375
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Well maintained fourplex in the City of Los Angeles. Bungalow style property with 4 separate buildings, no common walls between tenants. Adjacent to local walk street, separately metered, 10 mins from USC and Downtown, and all units have upside. All 4 units have been paying in full and have had no issues during the pandemic. One unit Section 8. Driveway tandem parking has room for 4 cars. An opportunity for an investor to rehab and push for market rents upon units turning over. Sold as-is.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T11:42:39.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/120246930
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    363 E Gage Ave Los Angeles, CA 90003

    • Price: $790,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 21-769144
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,107
    SQFT
    $375
    $/SQFT
    1930
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Well maintained fourplex in the City of Los Angeles. Bungalow style property with 4 separate buildings, no common walls between tenants. Adjacent to local walk street, separately metered, 10 mins from USC and Downtown, and all units have upside. All 4 units have been paying in full and have had no issues during the pandemic. One unit Section 8. Driveway tandem parking has room for 4 cars. An opportunity for an investor to rehab and push for market rents upon units turning over. Sold as-is.
    Exterior Features

    Lot Size Area 5005 Other Structures None Parking Garage DrivewayOn Street Style Bungalow Total Parking 4

    Interior Features

    Baths Total 4.00 Common Walls Detached/No Common Walls Cooling Window Unit(S) Equipment Ceiling FanMicrowaveRefrigeratorWasherDryer Heating Wall Gas

    Property Features

    Assessed Total Value 304010 Gross Income 58727 Gross Operating Income 58727 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 32421.00 Number Of Buildings 4 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 24525 Type Of Units 4 Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Adam Peterson DRE#01815802 of Cb Richard Ellis, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T11:42:39.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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