$1,239,000 Price Analysis 1226 W Gage AveLos Angeles, CA 90044 8 bed 4 bath 2,833 SqFt ($437/SqFt) 6,336SqFt lot. Built 1921 Listed 2023-10-21, Taxes $808 | Ⓧ USDA Ineligible due to price & location near Westmont |
The completely renovated duplex consists of two (2) 2-bedroom, 1-bath units, each over 800 square feet and one (1) detached 1200-square-foot brand-new construction accessory dwelling unit with 4 bedrooms and 2 baths. Each unit is equipped with a brand-new HVAC system, double-pane windows, a tankless wate r heater and washer/dryer hook-ups. All units feature white shaker cabinets, quartzite countertops, stainless steel appliances and luxury waterproof flooring.
Each unit has its separate gas and electric meters. A paid-ff solar system has been installed on the ADU. There is a long driveway that can accommodate 4-5 cars. The lot perimeter is secured with block walls and a wrought-iron gate. Potential gross rents can range from $9, 000 to $10, 000, achieving a high cap rate. It's conveniently located near public transportation and major freeways.
Presented by Ash Ghavami at
RE MAX Luxe.
Property MLS #SR23192982 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $12,445 + $25,607 $38,052 | $808 |
2021 | $12,201 + $25,105 $37,306 | $789 |
2020 | $12,076 + $24,848 $36,924 | $791 |
2019 | $11,840 + $24,361 $36,201 | $774 |
2018 | $11,608 + $23,884 $35,492 | $658 |
2017 | $11,381 + $23,416 $34,797 | $649 |
2016 | $11,158 + $22,957 $34,115 | $618 |
2015 | $10,991 + $22,613 $33,604 | $612 |
2014 | $10,776 + $22,171 $32,947 | $631 |
2013 | $10,728 + $22,071 $32,799 | $625 |
2012 | $10,518 + $21,639 $32,157 | $632 |
2010 | $10,312 + $21,215 $31,527 | $637 |
2009 | $10,260 + $21,108 $31,368 | $612 |
2009 | $10,235 + $21,057 $31,292 | $612 |
2008 | $10,059 + $20,695 $30,754 | $596 |
2007 | $9,862 + $20,290 $30,152 | $574 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.