1000 S Gage
East Los Angeles, CA, 90023
$814,999
MLS: CV25240756
Beds
6
Baths
3
Sq Ft
2,054
Lot
0.14 ac
Year Built
1924
MLS #
CV25240756
Days on Market
23
Listed
Dec 5, 2025
Description
Beautiful income-producing triplex in the heart of East Los Angeles, offering exceptional versatility and strong rental potential. This well-maintained multi-unit property includes three separate units — ideal for maximizing cash flow. Each unit is detached with no shared walls, providing added privacy for tenants. The property layout is as follows: • Front unit (1000): 2 bedrooms, 1 bathroom (tenant occupied) • Middle unit (1000 1/2): 3 bedrooms, 1 bathroom (tenant occupied) • Back unit (1002): 1 bedroom, 1 bathroom (unoccupied/empty) • Garage Conveniently located near local schools, parks, and major freeways including the 5, 710, and 60, this property offers easy access to Downtown Los Angeles and surrounding areas. Walking distance from hospital !! Perfect for investors or owner-occupants looking to offset their mortgage with rental income, this property is situated in a vibrant Eastside neighborhood known for its cultural richness, community feel, and renowned dining scene. The home is being sold in "as is" condition. Do not disturb tenants or do not show up without appointment. Thank you
Location
East Los Angeles, Los Angeles County, CA 90023
Open on Google Maps ↗Listed by: Javier Salazar · THE IVRI GROUP, INC.
Payment estimate
$5,961
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $81,500 · Loan: $733,499
- Principal & Interest
- $4,507
- Property tax (1.25%)
- $849
- Homeowners insurance
- $300
- Mortgage insurance
- $306
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this East Los Angeles home with as little as 3.5% down using an FHA loan — roughly $28,525 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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