225 W Gage Avenue

    Los Angeles (City), CA 90003
    • $547,750
    • STATUS: Active
    • ON SITE: 106 days
    • ID#: 19473734
    UPDATED: 33 min ago
    $547,750
    • 5
      BEDS
    • 0.11
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,708
      SQFT
    • $321
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    FRONT UNIT OPEN FOR OWNER USER - VALUE ADD OPPORTUNITY! Well-maintained duplex with value-add opportunity. Currently, front unit is a 3 bedroom/2 bath, and can be delivered vacant, but must act now! Back unit is a 2 bedroom/1 bath. Property will be sold with back tenant in place. Drive by only and call with any questions. Do not disturb tenants or walk on property without a showing appointment.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-09-18T08:44:42.567. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/95486557

    225 W Gage Avenue Los Angeles (City), CA 90003

    • Price: $547,750
    • Status: Active
    • Updated: 33 min ago
    • ID#: 19473734
    5
    Beds
    2
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,708
    SQFT
    $321
    $/SQFT
    1911
    Built
    Neighborhood:
    Downtown L.A. (C42)
    County:
    Los Angeles
    Area:
    Downtown L.A. (C42)
    Property Description
    FRONT UNIT OPEN FOR OWNER USER - VALUE ADD OPPORTUNITY! Well-maintained duplex with value-add opportunity. Currently, front unit is a 3 bedroom/2 bath, and can be delivered vacant, but must act now! Back unit is a 2 bedroom/1 bath. Property will be sold with back tenant in place. Drive by only and call with any questions. Do not disturb tenants or walk on property without a showing appointment.
    Exterior Features

    Parking Spaces Total 0 Parking Type Other

    Interior Features

    Appliances Refrigerator Cooling Type Ceiling Fan(S) Heating Type Wall Heater Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 2

    Property Features

    Adjusted Gross Income 36000.00 Assessed Improvement Value 128520.00 Assessed Land Value 236640.00 Cap Rate 5.30 Country United States Of America Expense Total Annual 7000.00 Gross Operating Income 36000.00 Gross Rent Multiplier 15.20 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Estimated Net Operating Income 29000.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Estimated Unit Monthly Rent01 1650.00 Unit Monthly Rent02 1350.00 Unit Projected Total Monthly Rent01 2500.00 Unit Projected Total Monthly Rent02 1800.00 Unit Total Monthly Rent01 1650.00 Unit Total Monthly Rent02 1350.00 Unit Type01 1 Unit Type02 1 Units Total In Complex 2 Zoning Lar2

    Listing provided courtesy of Sandra Park DRE#01936001 of Exp Realty Of California Inc.


    Based on information from CARETS as of 2019-09-18T08:44:42.567. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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