Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Exp Realty of California Inc, Kevin Lo, Listing Contact: 626-240-1188 
8 Beds
6 Baths

$1,350,000

1008 S Gage Avenue, Los Angeles CA, 90023

Price per sqftN/A
Property typeMulti-family

Overview

Active

Listed Oct 31, 2026

Updated 1h ago

A 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.

$8,982/mo

Est. mortgage payment based on a $1,350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TR26232021

Interior Features

Bedrooms
8
Bathrooms
6
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2026 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 12:01 AM UTC, 11/5/2026

   

 

Website advertised by Cynthia Monaco | CA DRE# 00886046 , DRE 500170906

Powered by Luxury Presence