Los Angeles, CA 90044 854 W Gage Avenue
$748,000
13 more
Presented By: Steve Aranda with Altadena Real Estate Company; 323-868-6242
- MLS# PF25154729
- 07/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 2
Baths • 1
SQFT • 2,304
Home Details
Fully Occupied 4-Plex in South Los Angeles with Incredible Investment Potential
This rare opportunity in South Los Angeles features four free-standing garden apartments
with no adjoining walls, providing maximum privacy for tenants. Each unit has two bedrooms and one full bath and each is metered separately for both gas and electricity. One of the units have been remodeled , offering updated interiors that attract top-tier tenants. The property also has significant upside in rents, making it an ideal investment for long-term growth. Whether you’re a seasoned investor or new to multi-family properties, this 4-plex offers privacy, income, stability and future growth potential. Don't miss your chance to own a piece of South LA's thriving rental market! DRIVE BY ONLY! DO NOT DISTURB TENANTS!
Presented By: Steve Aranda with Altadena Real Estate Company; 323-868-6242
Interior Features for 854 W Gage Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 854 W Gage Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
CountyLos Angeles
DirectionsGo West on Gage from the 110 Freeway.
Entry LocationWalkway
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense6244.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet5669.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income50244.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces0.0
Operating Expense1263.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories Count1
Tax Lot1
Tenant PaysElectricity, Gas
Trash Expense0.0
ViewNone
Water Sewer Expense8912.0
Year Built1922
Year Built SourceAssessor
ZoningLARD2
Exterior for 854 W Gage Avenue
Building Area Total2304.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1301
Lot Size Area5669.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate