850 W Gage Avenue, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
850 W Gage Avenue,Los Angeles, CA 90044
$1,548,500
  • 12 Beds
  • - Baths
  • 4,813 sq. ft.
  • Multi-family
  • Active
Listed by: james oddino
Office: vip realty california, pc
MLS#:CL26769931
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,548,500
  • Price per sq. ft.:$321.73

About this home

***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.

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Home facts

  • Year built:2026
  • Listing ID #:CL26769931
  • Added:161 day(s) ago
  • Updated:October 09, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:12
  • Flooring:Laminate
  • Living area:4,813 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:4,813 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$1,548,500
  • Price per sq. ft.:$321.73

Parking

  • Parking description:Covered
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at October 9, 2026

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