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811 S Gage Ave, Los Angeles, CA, 90023

3beds
4baths
2,336sqft
$939,000
$402price/sqft
$6,846/moest. monthly cost
$273,840/yrincome needed

About This Home

Located in the vibrant heart of East Los Angeles, this versatile quadruplex offers a unique blend of residential comfort and passive income. The front unit features a charming 2-bedroom, 1-bathroom single-family home ideal for an owner-occupant or premium rental opportunity. Tucked in the rear is a well-designed two-story triplex comprised of a 1-bedroom, 1-bathroom unit on the ground level and two studio units upstairs. The property also includes a convenient common area with coin-operated laundry for added tenant ease and additional revenue. One unit is currently vacant and move-in ready, providing immediate opportunity for owner occupancy or market-rate leasing. Centrally located near many cultural shopping experiences, centered around historic and community-focused spots such as El Mercadito with easy access to the 60, 710, and 5 freeways . Don’t miss this exceptional investment opportunity in one of East LA’s most sought-after rental markets!

Getting Around

82
WalkingVery Walkable
59
TransitGood Transit
49
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Common Area,See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 2,336
  • Total interior livable area: 2,336 sqft

Property

Details

  • Parcel number: 5239010010
  • Attached to another structure: Yes
  • Special condition: Standard,Trust

Features

  • Entry location: front door
  • Pool features: None

Lot

  • Lot size: 7,777 sqft
  • Features: Paved,Rocks

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,748$56,976
Home Insurance *$166$1,992
Property Taxes $1,432$17,184
Electricity $500$6,011
Total$6,846$82,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$234,720/yr
40% on housing$205,380/yr
45% on housing$182,560/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$402This listing

vs Other Active Listings

Avg $/sqft

ZIP 90023$382
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90023$543
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-26Listed for sale$939,000
2012-05-31Sold$321,000
2012-04-04Price change$284,900
2012-04-01Listed for sale--
2012-01-21Listing removed--
2012-01-13Listed for sale--
2010-08-31Sold$207,539

For Sale by Agent

AgentKevin Messiha
BrokerageKeller Williams SELA

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