Jennifer Hamilton, DRE#01800791, Owner/Broker
REALTOR®, CRP, GRP, Director of Relocation
(805) 543-2172 ext. 30
BEDS8
BATHS6 full
SQUARE FEET3,064
MLS#TR26232019
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLos Angeles Unified
Listing Courtesy of:
Exp Realty of California Inc
Agency Phone: 888-584-9427
Associate Name: Kevin Lo
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Jennifer Hamilton, DRE#01800791, Owner/Broker
Property Description
A completely renovated 3-unit property with a brand-new attached and detached ADU, offers immense flexibility to both investors and owner-users. Live in one unit and rent the others, or hold the whole property as a cash-flow investment. Pro forma GSI is ~$115,200 with a 6.0% cap. Unit mix consists of 1) Front 3-bd / 2-ba of ~1,064 sf, 2) Newly built attached ADU 2-bd / 2-ba of ~798 sf, and 3) Newly built detached ADU of 3-bd / 2-ba of ~1,200 sf. All units are individually metered and addressed, and each comes with its own laundry and appliances. Solar lease on the detached ADU can be assumed or purchased. The long driveway provides some parking spaces, and street parking is readily available. With little to no landscaping needed, operating expenses are limited to water, which can be passed through, and acute/routine maintenance. Located within 6 miles of Downtown LA, this property presents a welcoming opportunity to stake a foothold in the robust LA rental market.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Traditional
Lot Size: 0.14 Acres
Roof Type: Asphalt
Stories: 1.0
Year Built: 1920
Amenities
Eat-in Kitchen
High Ceilings
Open Floorplan
Quartz Counters
Primary Suite
Walk-In Closet(s)
Feature Descriptions
Appliances: Gas Range
Community Features: Street Lights, Sidewalks
Days on Site: 4
Exterior: Stucco
Fencing: Vinyl, Wrought Iron
Fireplace: None
Flooring: Vinyl
Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Closet
Lot: Level
Parcel#: 5239014016
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Concrete
Sewer: Public Sewer
Spa: None
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Window: Double Pane Windows
Local Schools
School District: Los Angeles Unified
Listed By / Shown By
Listed By
Agency Name: Exp Realty of California Inc
Agent Name: Kevin Lo
Agency Phone: 888-584-9427
Shown By
Agent Name: Jennifer Hamilton, DRE#01800791, Owner/Broker
Agent Phone: (805) 543-2172 ext. 30
Agency Title: Farrell Smyth, Inc.
Estimate Your Payment
Estimated Payment
$ 3,398.26 per month $3,004.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $393.75 Homeowner's InsuranceChange Payment Information
Jennifer Hamilton, DRE#01800791, Owner/Broker
Office: (805) 543-2172 ext. 30
Email Me
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
1008 S Gage Avenue | MLS# TR26232019
This multi-family property located at 1008 S Gage Avenue, Los Angeles, CA 90023 is currently listed for sale with an asking price of $1,350,000. S Gage Avenue is located within the Los Angeles Unified school district. Search Los Angeles real estate on jenniferhamilton.farrellsmyth.com today.