CnC Realty

$1,199,999

726 S Gage Avenue

Los Angeles, CA 90023

Active

1912

Year Built

Los Angeles

County

Apartment

Property Type

About this home

Excellent value-add opportunity to acquire a five-unit multifamily property in the East Los Angeles area. Situated on an approximately 9,000-square-foot lot, the property consists of three separate residential structures totaling approximately 3,036 square feet and offers a diverse unit mix. The current seller-provided rent roll generates approximately $5,700 per month, or $68,400 annually, providing an investor the opportunity to acquire an established income-producing property with potential for future rental growth subject to applicable laws and regulations. Conveniently located near major transportation corridors, shopping, employment centers and Downtown Los Angeles. Five units, three structures, one parcel and a substantial lot create an attractive long-term investment opportunity. Buyer to independently verify square footage, unit configuration, permits, zoning, rents, expenses and all other property information. All information is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information, including but not limited to square footage, lot size, zoning, permitted uses, rents, expenses, income, permits, and property condition. Buyer to conduct all due diligence and satisfy themselves as to the accuracy of all information.

Listed by Christopher Joseph · DRE #02074295 · Liberty Real Estate Services
MLS #1191268515
ListedJul 21, 2026

Property Details

Architecture

Stories1
StyleN/A
Total Units5
RoofN/A
Garage Spaces2
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundrySee Remarks
Parking FeaturesN/A
Parking Total2
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsNo Common Walls

Property Features

Lot Size0.21 ac
Lot FeaturesFront Yard
ViewN/A
DirectionsUse GPS

Community

Area699 - Not Defined
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Exchange1031
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$6,387/mo

20% down · 7% APR · 30-yr fixed

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

CRMLSLast updated: October 21, 2026 at 5:00 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.