Listing provided courtesy of Kevin Lo of Exp Realty of California Inc. Last updated 2026-11-05 09:18:40.000000. Listing information © 2026 CRMLS.

Asking Price: $1,350,000

1008 Gage, Los Angeles CA 90023

Community: ​BOYH - Boyle Heights

Status: Active

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This Triplex property was built in 1920 and is priced at $1,350,000. Please see the additional details below.
  • 3,064 Sq Ft
  • 6 bathrooms
  • 8 bedrooms
  • MLS#: 696012564
  • Type: Triplex
  • Year Built: 1920
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.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600