1008 S Gage Avenue, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1008 S Gage Avenue,Los Angeles, CA 90023
$1,350,000
  • 8 Beds
  • 6 Baths
  • 3,064 sq. ft.
  • Single family
  • Active
Listed by: kevin lo, lawrence chen
Office: exp realty of california inc
MLS#:TR26232019
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$440.6

About this home

This 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.

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Home facts

  • Year built:1920
  • Listing ID #:TR26232019
  • Added:6 day(s) ago
  • Updated:November 06, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Linoleum/Vinyl
  • Kitchen Description:Gas Range
  • Living area:3,064 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air
  • Heating:Forced Air Unit

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Building area:3,064 sq. ft.
  • Architectural Style:Traditional
  • Construction Materials:Stucco
  • Exterior Features:Concrete
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$440.6

Features and amenities

  • Appliances:Gas Range, Solar Panels
  • Laundry features:Gas, Washer Hookup
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