We are pleased to present this vacant 3-unit property located in the heart of South Los Angeles. The completely renovated property consists of: Unit 1207 a 4-bedroom, 2-bath unit, approximately 1,122 SF, Unit 1205 a 2-bedroom, 1 bath unit, approximately 702 SF, and Unit 1209 a 3-bedroom, 1 bath detached accessory dwelling unit, approximately 749 SF. Each unit is equipped with a brand-new ductless mini-split system, double-pane windows, tankless water heaters, washer/dryer hook-ups. All units feature white shaker cabinets, quartz countertops, ceiling fans, and luxury waterproof flooring. Each unit has its own separate gas and electric meters. There is a long driveway that leads to a concrete/gravel pad which can accommodate up to 6 cars. Potential gross rents up to $10,000/Month, achieving a high cap rate. It's conveniently located near public transportation and major freeways.
Sold for $1,230,000
Listed by: Re/Max Luxe • Ashkan Etemad-Sadati • Contact: 818-730-1213
Bought with: Realty Source Incorporated
Tax assessed value
$1,230,000
1207 W Gage Ave, Los Angeles, CA 90044
9beds
2,563sqft
Triplex
Built in 1922
-- sqft lot
$1,228,200 Zestimate®
$480/sqft
$4,422 Estimated rent
Home value
$1,228,200
$1.14M - $1.33M
$4,422/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ashkan Etemad-Sadati DRE #01994702 818-917-8459,
Re/Max Luxe
Bought with:
Dorit Pakdaman, DRE #01986592
Realty Source Incorporated
Source: CRMLS,MLS#: SR24143296
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Basement, Kitchen, Laundry
Heating
- Ductless
Cooling
- Ductless
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Ceiling Fan(s), Quartz Counters, Recessed Lighting
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,563 sqft
Property
Parking
- Parking features: Concrete, Gravel, Uncovered
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,231 Square Feet
- Features: Landscaped
Details
- Parcel number: 6003028016
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $1,230,000
- Annual tax amount: $14,975
- Date on market: 7/14/2024
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2024 | Listing removed | $4,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2024 | Listed for rent | $4,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Sold | $1,230,000-1.5%$480/sqft |
Source:  CRMLS #SR24143296 Report a problem | ||
| 8/30/2024 | Pending sale | $1,249,000$487/sqft |
Source: CRMLS #SR24143296 Report a problem | ||
| 8/20/2024 | Contingent | $1,249,000$487/sqft |
Source: CRMLS #SR24143296 Report a problem | ||
| 7/14/2024 | Listed for sale | $1,249,000+99.8%$487/sqft |
Source: CRMLS #SR24143296 Report a problem | ||
| 6/30/2023 | Sold | $625,000-0.1%$244/sqft |
Source: Public Record Report a problem | ||
| 5/31/2023 | Contingent | $625,500$244/sqft |
Source:  CLAW #23-258481 Report a problem | ||
| 5/23/2023 | Pending sale | $625,500$244/sqft |
Source: CLAW #23-258481 Report a problem | ||
| 4/11/2023 | Listed for sale | $625,500$244/sqft |
Source: CLAW #23-258481 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,975 +87.2% | $1,230,000 +92.9% |
| 2024 | $8,000 +633.9% | $637,500 +833.9% |
| 2023 | $1,090 +3.6% | $68,264 +2% |
| 2022 | $1,053 +2.6% | $66,927 +2% |
| 2021 | $1,026 -0.4% | $65,616 +1% |
| 2020 | $1,030 | $64,944 +2% |
| 2019 | $1,030 +12.9% | $63,671 +2% |
| 2018 | $913 | $62,424 +2% |
| 2017 | $913 +1.8% | $61,201 +2% |
| 2016 | $897 +4.9% | $60,002 +1.5% |
| 2015 | $855 -0.9% | $59,101 +2% |
| 2014 | $862 | $57,944 +2.5% |
| 2012 | -- | $56,553 +2% |
| 2011 | -- | $55,445 +0.8% |
| 2010 | -- | $55,031 -0.2% |
| 2009 | -- | $55,163 +2% |
| 2008 | -- | $54,083 +2% |
| 2007 | -- | $53,023 +2% |
| 2006 | -- | $51,984 |
| 2005 | -- | $51,984 +4% |
| 2004 | -- | $49,968 +1.9% |
| 2003 | -- | $49,053 +2% |
| 2002 | -- | $48,092 +4% |
| 2000 | -- | $46,226 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 4/10Budlong Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Augustus F. Hawkins High B Community Health AdvocatesGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,228,200
Get a cash offer in 3 minutes
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Estimated market value
$1,228,200
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