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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1008 S Gage Avenue Los Angeles, CA 90023
$1,350,000 0 beds, 0 baths
0 sqft
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Agent Remarks

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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# TR26232021
List price is $1,350,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1920
1 story
0.14 acres
Lot size: 0.1446
County: Los Angeles
Property style: Traditional
Construction: Concrete,Stucco
Interior features: High Ceilings,Open Floorplan,Quartz Counters,Primary Suite,Walk-In Closet(s)
Appliances: Dishwasher,Gas Range,Refrigerator,Range Hood
Parking description: Driveway
Lot description: TwoToFiveUnitsAcre
Heating/cooling: Central Air
Heating description: Central
MLS area: BOYH - Boyle Heights

Last Updated: 11/5/2026

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This listing belongs to the BOYH - Boyle Heights MLS area

The style of this listing is Traditional.
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Lat/Long: 34.022362, -118.184609.
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Listing Agent: Kevin Lo
Co Listing Agent: Lawrence Chen
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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White/Blue Collar Jobs

Population by Gender

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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