726 S Gage Avenue, Los Angeles, CA, 90023

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$1,199,999
17 Days On Site

726 S Gage Avenue
Los Angeles, CA 90023

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,036
SqFt
$395
/SqFt
1912
Built
County:
Los Angeles
Listed by Christopher Joseph of Liberty Real Estate Services chrisjosephrealestate@gmail.com
Call Now: 951-203-4426
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951-203-4426
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Excellent value-add opportunity to acquire a five-unit multifamily property in the East Los Angeles area. Situated on an approximately 9,000-square-foot lot, the property consists of three separate residential structures totaling approximately 3,036 square feet and offers a diverse unit mix. The current seller-provided rent roll generates approximately $5,700 per month, or $68,400 annually, providing an investor the opportunity to acquire an established income-producing property with potential for future rental growth subject to applicable laws and regulations. Conveniently located near major transportation corridors, shopping, employment centers and Downtown Los Angeles. Five units, three structures, one parcel and a substantial lot create an attractive long-term investment opportunity. Buyer to independently verify square footage, unit configuration, permits, zoning, rents, expenses and all other property information. All information is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information, including but not limited to square footage, lot size, zoning, permitted uses, rents, expenses, income, permits, and property condition. Buyer to conduct all due diligence and satisfy themselves as to the accuracy of all information.

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Listing Snapshot
Price 
$1,199,999
Days On Site 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,036 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2073 Acres
Year Built 
1912
MLS® Number 
PW26201971
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.2073
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking Spaces 
2
Property Sub Type 
Apartment
Sewer 
Unknown
SqFt Total 
3036
Water Source 
Public
Zoning 
LCR4YY
Interior Features
Laundry Features 
See Remarks
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Exterior Features
Lot Features 
Front Yard
Pool Features 
None
Community Features
Community Features 
Street Lights
MLS Area 
699 - Not Defined
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
1


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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