Unlock the potential of this strategically positioned duplex near Gage Ave & Main St. With two separate water meters, brand-new electrical panels, and updated electrical throughout, much of the infrastructure work is already in place—giving a strong foundation for future improvements and value creation. The property features a large rear lot with potential to expand or additional development, along with alley access that provides added convenience for parking and future use of the property. Whether you're looking to renovate and increase rental income, add additional living space, develop the property, or occupy one unit while generating income from the other, this property offers multiple possibilities. Conveniently located just minutes from major freeways, shopping centers, and everyday amenities, this is an opportunity to acquire a duplex with both immediate functionality and long-term upside. Bring your vision and unlock the potential—properties with this kind of value-add opportunity are not to be overlooked. Separate utilities • New electrical panels • Updated electrical • Large rear lot • Alley access • Additional development • Expansion opportunities • Income-producing duplex.
Property Sub Type:
Duplex
Property Attached:
Yes
Lot Area:
4,976 sq. ft.462 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1925
(Age: 101)
General Listing Location:
Los Angeles, C34 - Los Angeles Southwest
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$1,755
Gross Scheduled Income:
$1,755
Net Operating Income:
$0
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$0
Operating Expense:
$0
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
374
Off Main St & Gage Ave
Number of Buildings:
1
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
1
Community Features:
Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks