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Listed by: Kevin Lo (626) 833-8932 DRE #02008476, Lawrence Chen DRE #02094623 | Exp Realty of California Inc (888) 584-9427
$1,350,000
Monthly Est:$6,719
8 Beds
6 Baths
3,064sqft
1008 S Gage Ave, Los Angeles, CA 90023
$1,350,000
$6,719/moEst:
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Triplex
Built in 1920
$-- HOA
6,299 sqft lot
$441/sq.ft
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.
- Houzeo last checked: 2 minutes ago
- Listing updated: November 1, 2026 at 2:08 pm
- Source: California Regional MLS-CA | MLS#: TR26232021
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
3,064 sqft
Lot Size
6,299 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
TR26232021
MLS Status
Active
Days on Market
3
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Interior
Appliances
Dishwasher, Gas Range, Refrigerator, Range Hood
Heating
Central
Cooling
Central Air
Interior Features
High Ceilings, Open Floorplan, Quartz Counters, Primary Suite, Walk In Closets
Window Features
Double Pane Windows
Flooring
Vinyl
Sewer
Public Sewer
Construction
Year Built
Year Built: 1920
Home type
Triplex
Construction Materials
Concrete, Stucco
Architectural Style
Traditional
Roof
Asphalt
Foundation Details
Slab
Utilities & Energy
Parking Features
Driveway
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool Features
None
Fireplace Features
None
Water Source
Public
Laundry Features
Washer Hookup, Gas Dryer Hookup, Laundry Closet
Security Features
Carbon Monoxide Detectors, Smoke Detectors
Other Features
Community Features
Street Lights, Sidewalks
Lot Features
Two To Five Units Acre
Price History
| Date | Event | Price |
|---|---|---|
10/31/2026 Source: | Listed for Sale | $1,350,000 +150.00% $441/sqft |
03/20/2024 Source: | Sold | $540,000 $176/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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