$1,548,500
 $8,313 est/mo Sourced by Back At You

850 W Gage Avenue,Los Angeles, CA 90044

Los Angeles, CA 90044

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Description

***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.

Details

MLS #26769931
Listing TypeFor Sale
Sub-TypeNew Construction
StatusActive
Year2026
Days On Site168
Listing Provided ByVIP Realty California, PC | James Oddino

Features

Bed(s)12
Bath(s)8
SQ Feet4,813
Car PortYes
Story(s)2
Units4
Building(s)2
ZoningLARD2
Acreage0.13

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes

Parking

Attached Garage Yes / NoYes
Parking FeaturesAttached Carport, Covered

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90044
AreaC34 Los Angeles Southwest
Listing VS Median (in 90044)
Price:
$1,548,500
low | high
Med:
$1,012,500
84.614175008072% of Average
sqft:
4,813
low | high
Med:
3,548
76.282983586121% of Average
$ / sqft:
$322
low | high
Med:
$288
60.548438939614% of Average
On site:
168
low | high
Med:
160
100% of Average
Sourced by Back At You

Market Activity 90044

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90044
AreaC34 Los Angeles Southwest
Listing VS Median (in 90044)
Price:
$1,548,500
low | high
Med:
$1,012,500
84.614175008072% of Average
sqft:
4,813
low | high
Med:
3,548
76.282983586121% of Average
$ / sqft:
$322
low | high
Med:
$288
60.548438939614% of Average
On site:
168
low | high
Med:
160
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 1:39:52 AM PDT