424 West Gage Avenue Los Angeles, CA ^$ 850,000

424 West Gage Avenue

^$ 850,000

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424 West Gage Avenue

Los Angeles, CA, 90003

^$ 850,000

Studio Baths0.0 Sq 2,352

Monthly Estimate*

^$ 5,234

424 West Gage Avenue, Los Angeles, CA 90003 - Image 1

424 West Gage Avenue, Los Angeles, CA 90003 - Image 2

424 West Gage Avenue, Los Angeles, CA 90003 - Image 3

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $850,000. This 2,352 square foot home was built in 1923 on a lot size of 0.11.

We are is pleased to offer for sale 424 West Gage Avenue, a 6-unit apartment community located immediately west of the 110 Freeway and south of Slauson Avenue. The property boasts a Walk Score of 79 ("Very Walkable"), with most daily errands easily accomplished on foot.Situated on a 4,930-square-foot parcel, the property is comprised of four studios and two one-bedroom units, distributed across three buildings. It is being offered at an attractive 7.70 GRM.424 West Gage Avenue presents investors with the opportunity to acquire a stabilized, easy-to-manage asset in a dense infill pocket of South Los Angeles, supported by continued public and private investment throughout the area.

Multi-Family Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.11

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025604721

Features

General

Living Area 2352.0

Sewer None

Zoning LAR4

Year Built 1923

Levels One

County Los Angeles

Net Operating Income 50471.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 4930.0

Standard Status Active

Year Built Source Assessor

Exterior

Lot Size Area 4930.0

Pool Y/N? Yes

Building Area Total 2352.0

Lot Dimensions 40x123

Lot Size Acres 0.11

Land Lease Type Fee

Interior

Total Stories 1

Total Baths 0

* Excluded Features

List By

Sean Rosenzweig

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$5,234

Per Month

Monthly Principal & Interest: $5,234
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,883,882

Percent of Sale Price 122%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$850,000	-5.56%	Price Down
10/11/2025	$900,000		Listed Price

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424 West Gage Avenue, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $850,000 with 2,352 sqft and a lot size of 0.11. 424 West Gage Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 1/16/2026. 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 data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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424 West Gage Avenue

Multi-Family Home for sale in Los Angeles, CA

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