CnC Realty
1 / 31

$1,548,500

850 W Gage Avenue

Los Angeles, CA 90044

Active

12

Beds

8

Baths

4,813

Sq. Ft.

2026

Year Built

Los Angeles

County

ResidentialIncome

Property Type

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.

Listed by James Oddino · DRE #02197706 · VIP Realty California, PC
MLS #1158785910
ListedApr 30, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units4
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringLaminate
CoolingCentral Air
HeatingCentral
FireplaceN/A
LaundryStacked
Parking FeaturesAttached Carport, Covered
Parking Total8
Patio & PorchN/A
Entry LevelN/A
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.13 ac
Lot FeaturesN/A
ViewN/A
DirectionsHeading west on Gage ave from the 110 freeway the property will be on your left.

Community

AreaC34 - Los Angeles Southwest
School DistrictN/A

Tax & Financial

TermsN/A
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$8,242/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 9:30 PM

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