About 850 W Gage Avenue
***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.
Features of 850 W Gage Avenue
| MLS® # | 26769931 |
|---|---|
| Price | $1,548,500 |
| Bedrooms | 12 |
| Bathrooms | 8.00 |
| Square Footage | 4,813 |
| Lot Size | 5,669 |
| Year Built | 2026 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 850 W Gage Avenue |
|---|---|
| Area | C34 - Los Angeles Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90044 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Covered, Attached Carport |
| Garages | Covered, Attached Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | April 30th, 2026 |
|---|---|
| Days on Market | 131 |
| Zoning | LARD2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | James Oddino |
|---|---|
| Office | VIP Realty California, PC |