Triplex with Two
New
For Sale
$1,350,000
1008 S Gage Ave, Los Angeles, CA 90023
Each residence has separate utility metering, laundry, and appliances.
Property Size3,064 SF
Days on Market3
Property Features for 1008 S Gage Ave
General Information
Standard status
Active
Size
3,064 SF
Property subtype
Investment
Units
Unit Mix
2 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
3
Individually Metered Utilities
unspecified utilities
Additional Details
Utilities to Site
Yes
Building Details
Building Size
3,064 SF
Year Built
1920
Stories
1
Units
3
Listing Agency:
eXp Realty of California, Inc.
Listed By:
Kevin Lo · License #02008476
(626) 240-1188
Source:
Elliman
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 1 at 3:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California, Inc.
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Investment Insights
Based on property information with market context.
Built in 1920 and renovated, this three-residence property includes a front home, an attached ADU, and a detached ADU. The front unit offers 3 bedrooms, 2 bathrooms, and approximately 1,064 square feet. The attached ADU has 2 bedrooms, 2 bathrooms, and approximately 798 square feet; the detached ADU has 3 bedrooms, 2 bathrooms, and approximately 1,200 square feet. Each residence has its own address, utility meter, laundry, and appliances. A solar lease on the detached unit may be assumed or purchased.
The property is 6 miles from Downtown LA. A long driveway provides some parking, with street parking also available. Walk Score is 78, Bike Score is 53, and Transit Score is 55. The stated pro forma cap rate is 6.0%.
The property is 6 miles from Downtown LA. A long driveway provides some parking, with street parking also available. Walk Score is 78, Bike Score is 53, and Transit Score is 55. The stated pro forma cap rate is 6.0%.
Key Highlights
- Three residences: 3‑bed/2‑bath front unit, 2‑bed/2‑bath attached ADU, and 3‑bed/2‑bath detached ADU
- Approximate unit areas are 1,064 square feet, 798 square feet, and 1,200 square feet, respectively
- Each unit has a separate address and utility meter, plus its own laundry and appliances
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
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Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has separate utility metering, laundry, and appliances.
Where is this triplex located?
The property is located at 1008 S Gage Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three residences: 3‑bed/2‑bath front unit, 2‑bed/2‑bath attached ADU, and 3‑bed/2‑bath detached ADU; Approximate unit areas are 1,064 square feet, 798 square feet, and 1,200 square feet, respectively; Each unit has a separate address and utility meter, plus its own laundry and appliances
