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931 W Gage Avenue

Los Angeles, CA 90044

– beds
– baths
– sqft
5,982 sqft lot
1957 build
– on site

Ready to own a four-unit property with great income. One unit is currently vacant and available for immediate occupancy upon the close of escrow. This vacant unit and the additional units have been renovated, with upgraded features. The property comprises of four spacious 2-bedroom, 1-bathroom units, approximately 800 sq ft, all located on the ground floor. Public records say the building is 3,201 square feet and is situated on a lot of 5982 square feet. Conveniently located on Gage Avenue, the property is less than half a mile from the 110 Freeway, situated between Hoover and Vermont. The surrounding area includes a mix of single-family residences and apartment buildings. The remaining three units generate a total rental income of $6744.00 per month, providing a substantial contribution towards the purchase and living expenses for potential buyers.

Listed By CRMLS_CA / Nathan Bishop / Carolwood Estates

Last checked: Checking… • Last updated Dec 19, 2024 •

MLS# 24470889 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1957
New Construction:

No
Building Area Total:

3201.00
Total Number Of Units:

4
# of Buildings:

1
Roof:

Shingle
Foundation:

Raised
Stories Total:

1
Accessibility Features:

None

Interior

Levels:

One
Entry Location:

Main Level
Flooring:

Laminate
Fireplace:

No
Fireplace:

None

Location

Directions:

Use Nav - Take 1-10 East, take 1-110 S towards San Pedro, take exit 18a towards Gage Ave, and turn right at the light. Destination will be on your right.
Latitude:

33.98218800
Longitude:

-118.29020700

The Property

Property Type:

Residential Income
Zoning:

LARD2
Lot Size Area:

5982.0000
Lot Size Acres:

0.1373
Lot Size SqFt:

5982.00
Additional Parcels:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6004015016

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Other
Water Source:

Public

Appliances

Appliances:

Refrigerator, Gas Cooktop
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/11/24 Dec 11, 2024	Listed / Active	CRMLS_CA	$1,100,000	207.7% (18.2% / YR)
7/25/13 Jul 25, 2013		CRMLS_CA	$357,500

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This multifamily located in South LA, Los Angeles, CA 90044 is currently for sale for $1,100,000. 931 W Gage Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 931 W Gage Avenue is in the South LA neighborhood of Los Angeles and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of John Muir Middle School and Augustus F Hawkins Senior High - A Critical Design And Gaming School.

Listing Courtesy of: CRMLS_CA and Carolwood Estates. Based on information from California Regional Multiple Listing Service, Inc. as of 07:40 on Dec 22.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.