1620 E Gage Avenue

    Los Angeles (City), CA 90001
    • $620,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: SR19229778
    UPDATED: 66 min ago
    $620,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,116
      SQFT
    • $293
      $/SQFT
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Excellent mixed use investment property in the thriving city of Los Angeles. Perfect for an investor looking to diversify their portfolio and generate cash flow. This property features (2) 1 bedroom 1 bath units, (1) 2 bedroom 1 bath unit and a Mini Market. It's zoned R3 which gives it GREAT potential for someone with vision.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/99391173

    1620 E Gage Avenue Los Angeles (City), CA 90001

    • Price: $620,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: SR19229778
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,116
    SQFT
    $293
    $/SQFT
    1925
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Excellent mixed use investment property in the thriving city of Los Angeles. Perfect for an investor looking to diversify their portfolio and generate cash flow. This property features (2) 1 bedroom 1 bath units, (1) 2 bedroom 1 bath unit and a Mini Market. It's zoned R3 which gives it GREAT potential for someone with vision.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.80 Community Features SidewalksStreet LightsSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 49200.00 Insurance Expense 556.00 Land Lease YN No Laundry YN No Net Operating Income 42167.00 New Construction YN No New Taxes Expense 4917.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 7033.00 Property Sub Type Commercial/Residential Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4100.00 Total Expenses 7033.00 Trash Expense 0.00 Water Sewer Expense 1560.00 Water Source Public Year Built Source See Remarks Zoning Lcr3yy

    Listing provided courtesy of Juan Rodriguez of Century 21 Plaza


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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