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$1,548,500
Listing Price12beds
8baths
4,813sqft
5,667sqft lot
850 W Gage Ave, Los Angeles, CA 90044
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
***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.
Interior Details
4813
12
8
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5667
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$759
$21,942
$13,199
--%
$35,141
2019
$759
$21,512
$12,941
--%
$34,453
2018
$670
$21,091
$12,688
--%
$33,779
2017
$661
$20,678
$12,440
--%
$33,118
2016
$633
$20,273
$12,197
--%
$32,470
2014
$641
$19,578
$11,779
--%
$31,357
2013
$635
$19,490
$11,726
--%
$31,216
2012
$636
$19,108
$11,497
--%
$30,605
Average Home Price in 90044
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$1,548,500
$1,548,500
12 Beds
8 Baths
4,813 Sqft
5,667 Lot (sqft)
Sold 10/05/2026
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Details for 850 W GAGE AVE
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





