1712 W Gage Avenue

    Los Angeles (City), CA 90047
    • $799,900
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: SR18269270
    New On Site 4 Days Ago
    UPDATED: 61 min ago
    $799,900
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,540
      SQFT
    • $226
      $/SQFT
    Type:
    Multi-Family
    Built:
    2011
    County:

    School Ratings & Info

    Description

    At 3,540 square feet, this large 9 bedroom, 5 bathroom South Los Angeles duplex is an excellent investment opportunity for a savvy buyer. The front unit contains 4 bedrooms and 2 bathrooms and is currently being rented at $2,500/month. The current tenant is open to a new lease at the buyer+GGs discretion. The back unit contains 5 bedrooms and 3 bathrooms with a large family room, a nicely upgraded kitchen, and a breakfast nook with tile floors throughout and carpet in the bedrooms. The back unit will be delivered vacant. The property is centrally located between the 110, 10, 405, and 105 freeways.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T23:28:55.467. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89259534

    1712 W Gage Avenue Los Angeles (City), CA 90047

    • Price: $799,900
    • Status: Active
    • Updated: 61 min ago
    • ID#: SR18269270
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,540
    SQFT
    $226
    $/SQFT
    2011
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    At 3,540 square feet, this large 9 bedroom, 5 bathroom South Los Angeles duplex is an excellent investment opportunity for a savvy buyer. The front unit contains 4 bedrooms and 2 bathrooms and is currently being rented at $2,500/month. The current tenant is open to a new lease at the buyer+GGs discretion. The back unit contains 5 bedrooms and 3 bathrooms with a large family room, a nicely upgraded kitchen, and a breakfast nook with tile floors throughout and carpet in the bedrooms. The back unit will be delivered vacant. The property is centrally located between the 110, 10, 405, and 105 freeways.
    Exterior Features

    Garage Spaces 0.00 Lot Features 2-5 Units/AcreYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - Concrete Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Central Furnace Heating YN Yes Interior Features High Ceilings (9 Feet+)Open Floor Plan Laundry Features Gas Dryer HookupWasher Hookup Levels One Room Type Living RoomMain Floor Bedroom

    Property Features

    Accessibility Features 32 Inch Or More Wide Doors Additional Parcels YN No Building Area Units Square Feet Cap Rate 7.00 Community Features CurbsSidewalksStreet LightingUrban Country Us Electric Standard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gardener Expense 840.00 Gross Income 0.00 Gross Scheduled Income 70800.00 Insurance Expense 1300.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 56260.00 New Construction YN No New Taxes Expense 10000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 14540.00 Professional Management Expense 0.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Gas Total Expenses 14900.00 Trash Expense 0.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Steve Julian of Keller Williams Encino-Sherman and Gurpreet Sohi of Keller Williams Encino-Sherman.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T23:28:55.467. 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. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
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    Irvine CA, 92604