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Key Details
Sold Price $745,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24159155
Sold Date 11/14/24
HOA Y/N No
Year Built 1952
Lot Size 5,079 Sqft
Property Description
Attention real estate investors and portfolio builders! Introducing 128 W Gage Ave, a duplex property with huge potential for expansion. This property includes a tenant-occupied unit featuring a generously sized 1 bedroom, 1 bathroom layout, complete with convenient laundry hookups. The owner-occupied unit boasts a larger 3 bedrooms and 2 bathrooms, equipped with a mini-split A/C system and a dedicated laundry room. Significant property upgrades have been made, including an upgraded electrical panel, tankless water heaters, and durable copper plumbing. The duplex offers ample parking space to accommodate multiple vehicles. Located just moments from the 110 Freeway, USC, and Downtown Los Angeles (DTLA). This property is a rare find and a perfect addition to any real estate portfolio. Don’t miss out on the opportunity to own a piece of prime real estate with significant expansion possibilities. Act now to secure this gem at 128 W Gage Ave!
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type Bath, Dining Room, Kitchen, Living Room, Primary Bedroom
Fireplace Yes
Laundry Washer Hookup, Laundry Room
Exterior
Parking Features Electric Gate
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description Paved
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6005023008
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing FHA
Special Listing Condition Standard
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Bought with Jenny Segovia • Segovia Real Estate Group
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