726 S Gage Ave

Los Angeles, CA 90023
  • $1,199,999

    Price
  • 7

    Bed
  • 5

    Bath
  • 3,036

    SqFt
  • 0.21

    Acre

About the Listing PB13600 - PWJOSCHR,PWJOSJAM

Excellent value-add opportunity to acquire a five-unit multifamily property in the East Los Angeles area. Situated on an approximately 9,000-square-foot lot, the property consists of three separate residential structures totaling approximately 3,036 square feet and offers a diverse unit mix. The current seller-provided rent roll generates approximately $5,700 per month, or $68,400 annually, providing an investor the opportunity to acquire an established income-producing property with potential for future rental growth subject to applicable laws and regulations. Conveniently located near major transportation corridors, shopping, employment centers and Downtown Los Angeles. Five units, three structures, one parcel and a substantial lot create an attractive long-term investment opportunity. Buyer to independently verify square footage, unit configuration, permits, zoning, rents, expenses and all other property information. All information is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information, including but not limited to square footage, lot size, zoning, permitted uses, rents, expenses, income, permits, and property condition. Buyer to conduct all due diligence and satisfy themselves as to the accuracy of all information.

Listing Highlights for 726 S Gage Ave

Status Active
Days on Site 23
Property Type Multi-Family
MLS ® PW26201971
Year Built 1912
Total Square Footage 3,036
Lot/Acreage 0.21

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Zoning: LCR4YY
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Unknown

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5239015027
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Listing Location

Questions About..

726 S Gage Ave Los Angeles, CA 90023

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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