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    1503--1641 E Gage Avenue

    Los Angeles (City), CA 90001
    • $4,250,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 20647862
    UPDATED: 28 min ago
    $4,250,000
    • 0
      BEDS
    • 33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2007
    County:

    School Ratings & Info

    Description

    Not subject to Los Angeles Rent Control nor AB 1482 Rent control. This 2009 construction is all 3 bed 3 bathroom townhomes and is an ideal property for an investor looking for cash flow, with low repairs and maintenance and not tied to any current rent control laws. With units $200-$400 below market rents, this presents an opportunity for an investor to raise rents by modernizing the interiors. Ample parking and large sized units. Call for more information or detailed offering memorandum.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T08:26:20.677. 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 or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/111097381
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    1503--1641 E Gage Avenue Los Angeles (City), CA 90001

    • Price: $4,250,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 20647862
    0
    Beds
    0
    Baths
    0
    ½ Baths
    33
    Acres
    2007
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Not subject to Los Angeles Rent Control nor AB 1482 Rent control. This 2009 construction is all 3 bed 3 bathroom townhomes and is an ideal property for an investor looking for cash flow, with low repairs and maintenance and not tied to any current rent control laws. With units $200-$400 below market rents, this presents an opportunity for an investor to raise rents by modernizing the interiors. Ample parking and large sized units. Call for more information or detailed offering memorandum.
    Exterior Features

    Garage Spaces 10.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two DoorTandem Garage Parking Total 10.00 Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Country Us Gross Income 0.00 Gross Multiplier 15.65 Gross Operating Income 266070.00 Net Operating Income 191135.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 74935.00 Zoning Lcr3*

    Listing provided courtesy of Jonathan Weir of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T08:26:20.677. 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 or Keller Williams Realty. Licensed in the State of California, USA.

     
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