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424 W Gage Ave, Los Angeles, CA, 90003

2beds
6baths
2,352sqft
$850,000
$361price/sqft
$5,919/moest. monthly cost
$236,760/yrincome needed

About This Home

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.

Getting Around

80
WalkingVery Walkable
68
TransitGood Transit
74
BikeVery Bikeable

Construction

Condition

  • Year built: 1923

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 6

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 2,352
  • Total interior livable area: 2,352 sqft

Property

Details

  • Parcel number: 6004040002
  • Zoning: LAR4
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,930 sqft
  • Lot size dimensions: 40 x 123

Parking

  • Parking features: None