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12 Beds
8 Baths
4,813 sqft

$1,548,500

850 W Gage Avenue, Los Angeles CA, 90044

Price per sqft$321.73
Built in2026
Property size4,813 sqft
Property typeResidential

Overview

Active

Listed Apr 30, 2026

Updated 4 weeks ago

***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.

$10,302/mo

Est. mortgage payment based on a $1,548,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26769931

Interior Features

Bedrooms
12
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Garage
Yes
New Construction
Yes
55+/Senior Community
No

Listed by James Oddino, VIP Realty California, PC, CA DRE 02197706

Listing Contact: 310-299-6967 

Based on information from the CRISNet MLS as of 9/9/2026, 4:50 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

©2026 CRISNet MLS. All rights reserved. 

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