850 W Gage Ave , Los Angeles, CA 90044
$1,695,000
Est. Payment: $8,528.97/mo
12 Bed
8 Bath
4813 Sqft
Status: active | Days on site: 91
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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%+ 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.

Highlights

Listed by James Oddino , 310-299-6967 VIP Realty California, PC , 214-295-4888. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

2026

County

Los Angeles

Area

C34 - Los Angeles Southwest

Listing ID

26769931

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:8
  • Full Bathrooms:0
Air Cond:Central Air
Fireplaces:
Floor:Laminate

Exterior Features

Lot:No Land Lease
Lot Dimensions:45x125
Garage Capacity:8
Zoning:LARD2
Others:2+ Total Units
Parking Features:Attached Carport,Covered
Principal Interest
$8,529
Taxes
$1,081

Home Price

$1,695,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$339,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,528.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,528.97 $1,080.56 $0.00 $9,609.53
Yearly $102,347.66 $12,966.75 $0.00 $115,314.41
Total $3,070,429.93 $389,002.50 $0.00 $3,459,432.43

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T12:37:49.000Z

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