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843 N Gage Avenue

Los Angeles (City), CA 90063
  • $1,000,000
  • STATUS: Active
  • ON SITE: 272 Days
  • ID#: 24366231
UPDATED: 101 min ago
$1,000,000
  • 3
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,578
    SQFT
  • $634
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Shahram Shamounpour of Keller Williams Realty Westside (310-482-2500)


Description

Prime Opportunity for Investors or Owner-OccupiersProperty Highlights:* 3 Units Across 2 Separate Buildings* Current Gross Monthly Income: $7,405 (Tenants cover all utilities).* Well-maintained property offering strong rental income with minimal expenses.Unit Details:1. Unit 1: 2 Bedrooms, 1 Bathroom Rents for $2,800/month.2. Unit 2: 1 Bedroom, 1 Bathroom Rents for $2,155/month.3. Unit 3: 1 Bedroom, 1 Bathroom with Private Yard Rents for $2,450/month.Investment Potential:* Ideal for investors seeking reliable income streams. Fully leased with tenants paying all utilities, ensuring consistent cash flow. Don't miss this opportunity to own a versatile, income-generating property with excellent potential for long-term growth.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-12T17:26:55.897. 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 CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/148575595
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843 N Gage Avenue Los Angeles (City), CA 90063

  • Price: $1,000,000
  • Status: Active
  • On Site: 272 Days
  • Updated: 101 min ago
  • ID#: 24366231
3
Beds
0
Baths
0
½ Baths
0.08
Acres
1,578
SQFT
$634
$/SQFT
1921
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
Prime Opportunity for Investors or Owner-OccupiersProperty Highlights:* 3 Units Across 2 Separate Buildings* Current Gross Monthly Income: $7,405 (Tenants cover all utilities).* Well-maintained property offering strong rental income with minimal expenses.Unit Details:1. Unit 1: 2 Bedrooms, 1 Bathroom Rents for $2,800/month.2. Unit 2: 1 Bedroom, 1 Bathroom Rents for $2,155/month.3. Unit 3: 1 Bedroom, 1 Bathroom with Private Yard Rents for $2,450/month.Investment Potential:* Ideal for investors seeking reliable income streams. Fully leased with tenants paying all utilities, ensuring consistent cash flow. Don't miss this opportunity to own a versatile, income-generating property with excellent potential for long-term growth.
Exterior Features

Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 8.5 Community Features Gated Gross Income 81600 Levels OneTwo Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 61200 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Vacancy Allowance Rate 0 Zoning LCR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-12T17:26:55.897. 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 CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Shahram Shamounpour of Keller Williams Realty Westside (310-482-2500)