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3311 E Gage Avenue, Huntington Park, CA 90255$749,999

4
beds
4
baths
3000
ft2
· 5451
ft2 lot
$250 / ft2

Listing provided courtesy of Ronnie Konishi, American 1st Real Estate
Source CRMLS;
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Tons of potential in this mixed use 4 unit property in the city of Huntington Park. Great location with high traffic and street frontage on Gage Ave. Property consists of two commercial storefront units and two residential units in the rear. Residential units consist of a 3 bed 1 bath and a 1 bed 1 bath and a one car garage. All fully rented with under market rents. Great opportunity for an investor to upgrade property and increase rents or develop a new mixed use project. Perfect for an entrepreneur to run their business out of one unit and rent the others or live and work in one place. Don't miss this opportunity to own your very own income producing property. Property sold AS IS and no repairs will be done.

HOA

$0/month

On market

2 months

Year built

1951

Property type

Multi-Family

Parking

7

MLS

DW21167257

Price / Sq.Ft.

$250 / ft2

Status

Active

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Home details for 3311 E Gage Avenue

Interior Features & Layout
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Appliances
•   
Appliances: Water Heater
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Tile
Interior Size
•   
Building Area Total: 3000.00
Property, Lot, Community & Exterior Features
Community Info
•   
Road Frontage Type: City Street
•   
Number Of Buildings: 3
•   
Total Units: 4
Parking Info
•   
Garage Spaces: 1.00
•   
Uncovered Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: HPCG*
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 0-1 Unit/Acre
•   
Lot Size Source: Assessor, Public Records
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1251
•   
Lot Size Dimensions: 5451
•   
Lot Size Area: 5451.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Property Condition: Repairs Cosmetic
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 1200.00
•   
Total Actual Rent: 4932.00
•   
Fuel Expense: 1800.00
•   
Trash Expense: 960.00
•   
Insurance Expense: 0.00
•   
Total Expenses: 3960.00
•   
Gross Scheduled Income: 4932.00
•   
Operating Expense: 730.00
Tax/Assessment Info
•   
Gross Income: 4932.00
Lease Info
•   
Net Operating Income: 4202.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1200.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1200.00
Unit 3 Information
•   
Unit 3 Actual Rent: 1100.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1100.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1832.00
•   
Unit 1 Total Rent: 1832.00
Unit 4 Information
•   
Unit 4 Actual Rent: 800.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 800.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 4
School Neighborhood & Directions
Location
•   
Community Features: Storm Drains, Street Lights, Urban
School Info
•   
Directions: Located on the north side of Gage Ave between Bissell St and Hollenbeck St

Neighborhood snapshot

Flyhomes
California
Los Angeles
South Gate
Huntington Park
29
Properties for sale
12
Median days on market
$370.68
Median sold price/sqft
100.18%
Sold/List %
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Property History for 3311 E Gage Avenue

08/22/2021
08/22/2021
CRMLS #DW21167257
active
CRMLS #DW21167257
$749,999

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