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Sold for $640,000 Sold

1038 W Gage Avenue
Los Angeles, CA 90044

2 units | Multi Family Home
5597 sq ft lot - MLS# DW19023178
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Sold

Sold for $640,000 on Feb 28, 2019

Description

2 units located in a desireble area of Los Angeles. Front unit features 3 bedrooms, 2 bathrooms, laundry closet inside, open floor plan. Property has been fully upgraded with new plumbing, electrical, windows, floors, kitchen, bathrooms, etc... Rear unit is 100% new construction, legal ADU 2 bedrooms, 1 bathroom, with laundry connections inside, open floor plan. Large lot, with large side, rear yards between both units, side and rear. Long and wide driveway, parking for 4+ cars. Perfect investment for owner to live in one and rent the other.

Features

  • Area: C36 - Metropolitan Southwest
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1699.00
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks, Street Lights
  • Construction Materials: Drywall Walls, Stucco
  • Country: US
  • Directions: WEST OF VERMONT AVE, ON GAGE AVE
  • Electric: Standard
  • Fence YN: Yes
  • Fencing: Chain Link, Stucco Wall
  • Fireplace: Living Room, Yes
  • Flooring: Carpet, Wood
  • Foundation Details: Concrete Perimeter, Raised
  • Gross Scheduled Income: 4000.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Interior Features: Copper Plumbing Full, Open Floorplan
  • Laundry Features: In Closet
  • Laundry YN: Yes
  • Listing Agent License: 01709871
  • Listing Office License: 01914184
  • Listing Status: Closed
  • Lot Features: Back Yard, Near Public Transit, Sprinklers In Rear, Yard
  • Lot Size: 0.1285
  • Lot Size Area: 5598.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 3700.00
  • New Construction: Y
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 300.00
  • Parking Features: Driveway
  • Parking YN: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Multi Family Home
  • Rent Control YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Room Type: All Bedrooms Down
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Selling Agent: Susan Roberts
  • Selling Agent License: 01944257
  • Selling Office: The Blvd Group
  • Sewer: Public Sewer
  • Sold Date: 2019-02-28
  • Sold Price: 640000.00
  • Stories: One
  • Stories Total: 1
  • Style: Contemporary,Modern
  • Sub Type: Multi Family Home
  • Units: 2
  • Utilities: Sewer Connected
  • Water Source: Public
  • Window Features: Double Pane Windows
  • Year Built: 1923
  • Year Built Source: Assessor
  • Zip Code: 90044
  • Zoning: LAR2
  • View: Neighborhood, Yes

Helped over 500 families create affordable living through income wealth and hundreds more with home ownership. For over 15 years The RP Group has listed and sold desirable move-in ready homes in the greater Los Angeles County area.

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Excellence Real Estate
THE FIRM

Ray Penado
CalBRE # 01709871
10220 Old River School Rd
Downey, CA 90241
U.S. Navy Veteran
(562) 569-8488 
raypenado@gmail.com

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