424 W Gage Avenue

Los Angeles , CA 90003

MLS#: 25604721

$900,000

Status: Active
Listing number: 25604721
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: 15 hours ago
New on site 1 day ago
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Property

Beds

2

Full Baths

None

1/2 Baths

None

Year Built

1923

Sq.Footage

2,352

We are please 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 7.68 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. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1132

  • Property Type

    Residential Income

Price

  • Sales Price

    $900,000

  • Sq. Footage

    2, 352

  • Price/SqFt

    $382

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

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Los Angeles

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Listing Courtesy of Sean Rosenzweig , Marcus & Millichap

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(818) 321-0175

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We are please 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 7.68 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. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

424 W Gage Avenue

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