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Multifamily at 850 W Gage Avenue
$1,548,500
850 W Gage Avenue
Los Angeles, Los Angeles, 90044
Active · 131 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms
4
Building size
4,813 sqft
Lot size
5,669 sqft
Year built
2026
Stories
2
Heating
Central
Cooling
Central Air
Status
Active
Days on market
131
MLS #
241601513

About this property

***DELIVERED FULLY OCCUPIED!! REAL 7.21% 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 7.21% 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.

Location

850 W Gage Avenue

Los Angeles, Los Angeles, CA, 90044

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

850 W Gage Ave, Los Angeles CA | Multifamily for Sale