850 W Gage Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

850 W Gage Avenue

Los Angeles, CA 90044
12 Beds
8 Baths
4,813 Sq Ft
Built 2026
$1,595,000
Price ReducedWas $1,795,000 — $1,595,000 (-$200,000)

Property Overview

***DELIVERED FULLY OCCUPIED!! REAL 7.01% CAP RATE*** Do not miss this opportunity to secure the cheapest new construction 4 unit property in the city of Los Angeles. Unbeatable price will allow you to capitalize on a 7.01% cap rate. Completing construction in 2026, this 4 unit is conveniently located on Gage and Central and is highlighted by 8 on site parking spots, SEPARATE UTILITIES FOR ALL UNITS, and a massive private back yard. Each unit comes equipped with modern brand new kitchens, open floor plans, laundry hookups, and assigned parking. All four units are perfect for roommates or families and are situated near public transportation and the 110 freeway allowing easy access to downtown LA, USC, and South Bay. Do not miss your chance to lock in to a brand new 4 unit for an unbeatable price and achieve unmatched return on investment.

Home Details

Property type
Residential Income
Year built
2026
Living area
4,813 sq ft
Lot size
5,669 sq ft
Parking
8 spaces
Stories
2
Days on market
175
MLS status
Active
Zoning
LARD2

Features & Amenities

Parking

  • Attached Carport
  • Covered

Community, Schools & Utilities

Community

New construction
Yes

Utilities

Heating
Central
Cooling
CentralAir
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Location & Neighborhood

850 W Gage Avenue

Los Angeles, CA 90044

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Frequently Asked Questions About 850 W Gage Avenue

Property type: Residential Income

The current asking price is $1,595,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 850 W Gage Avenue. Our team will confirm availability and timing.
This 12 bedrooms and 8 bathrooms property offers approximately 4,813 square feet of living space. It was built in 2026. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 175 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: James Oddino
MLS ID: CLW-C144363

Available property

$1,595,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.