$1,795,000
850 W Gage Avenue, Los Angeles CA 90044
Multi-Family (4 Units)
Property type
36 days
On market
$373
Price per sqft
N/A
Garage
2026
Year built
5,669 sqft
Lot size
Home highlights
Open Houses
Overview
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 7.1%+ 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...
Listing provided by: James Oddino DRE #02197706 310-299-6967, VIP Premier Realty Corp
Listing updated: May 8, 2026 at 07:19am.
Last checked: Jun 4, 2026 at 11:00am
Source: CRMLS #26769931
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,650 | $0 | $3,650 | Unfurnished |
| 1 | 3 | 2 | — | $3,650 | $0 | $3,650 | Unfurnished |
| 1 | 3 | 2 | — | $3,300 | $0 | $3,300 | Unfurnished |
| 1 | 3 | 2 | — | $3,550 | $0 | $3,550 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Financial Snapshot
Gross Rent Multiplier
10.6x
List Price / Annual Gross Rent
Cap Rate
7.1%
NOI / List Price
Net Operating Income: $127,350
Interior
Flooring: Laminate
Cooling: Central Air
Heating: Central
Laundry: Stacked
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Attached Carport, Covered
Garage: Attached
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 6004018002
Zoning: LARD2
Lot Size Dimensions: 45x125
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 850 W Gage Avenue, Los Angeles, CA 90044. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,436,000
Total Interest
$1,831,539
Total Payment
$3,267,539
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,096
per month
Property History for 850 W Gage Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90044.
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