1008 S Gage Avenue, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:ERA Donahoe Realty
1008 S Gage Avenue,Los Angeles, CA 90023
$1,350,000
  • 8 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kevin lo, lawrence chen
Office: exp realty of california inc
MLS#:TR26232021
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,350,000

About this home

This completely renovated 3-unit property, with a brand-new attached and detached ADU, offers immense flexibility to both investors and owner-users. Live in one unit and rent the others, or hold the whole property as a cash-flow investment. Pro forma GSI is ~$115,200 with a 6.0% cap. Unit mix consists of 1) Front 3-bd / 2-ba of ~1,064 sf, 2) Newly built attached ADU 2-bd / 2-ba of ~798 sf, and 3) Newly built detached ADU of 3-bd / 2-ba of ~1,200 sf. All units are individually metered and addressed, and each comes with its own laundry and appliances. Solar lease on the detached ADU can be assumed or purchased. The long driveway provides some parking spaces, and street parking is readily available. With little to no landscaping needed, operating expenses are limited to water, which can be passed through, and acute/routine maintenance. Located within 6 miles of Downtown LA, this property presents a welcoming opportunity to stake a foothold in the robust LA rental market.

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Home facts

  • Listing ID #:TR26232021
  • Added:12 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Construction Materials:Stucco
  • Levels:1 Story

Finances and disclosures

  • Price:$1,350,000
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