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.
New construction
Price cut: $100K (6/16)
$1,695,000
850 W Gage Ave, Los Angeles, CA 90044
12beds
8baths
4,813sqft
:
Get pre-qualified$11,643/mo
Multi Family
Built in 2026
-- sqft lot
$1,690,900 Zestimate®
$352/sqft
$-- HOA
What's special
Modern brand new kitchensAssigned parkingOpen floor plansLaundry hookups
- 93 days |
- 177 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
James Oddino DRE # 02197706 310-299-6967,
VIP Realty California, PC 214-295-4888
Source: CLAW,MLS#: 26769931
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Exhaust Fan
- Laundry: In Unit, Stackable W/D Hookup
Features
- Flooring: Laminate
Interior area
- Total structure area: 4,813
- Total interior livable area: 4,813 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached Carport, Covered
- Has carport: Yes
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 5,667 Square Feet
- Dimensions: 45 x 125
Details
- Additional structures: None
- Parcel number: 6004018002
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $538,000
- Annual tax amount: $6,780
- Date on market: 4/30/2026
Estimated market value
$1,690,900
$1.61M - $1.78M
$3,220/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $1,695,000-5.6%$352/sqft |
Source:  CLAW #26769931 Report a problem | ||
| 4/30/2026 | Listed for sale | $1,795,000+233.6%$373/sqft |
Source: CLAW #26769931 Report a problem | ||
| 12/10/2024 | Sold | $538,000+13.3%$112/sqft |
Source: CLAW #24-454321 Report a problem | ||
| 10/23/2024 | Listing removed | $475,000$99/sqft |
Source: CLAW #24-454321 Report a problem | ||
| 10/18/2024 | Listed for sale | $475,000$99/sqft |
Source: CLAW #24-454321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,780 +727.7% | $538,000 +1328% |
| 2024 | $819 +0.6% | $37,675 +2% |
| 2023 | $814 +2.7% | $36,937 +2% |
| 2022 | $792 +2.3% | $36,213 +2% |
| 2021 | $774 -0.3% | $35,504 +1% |
| 2020 | $776 | $35,141 +2% |
| 2019 | $776 +15.8% | $34,453 +2% |
| 2018 | $670 | $33,779 +2% |
| 2017 | $670 +1.3% | $33,118 +2% |
| 2016 | $662 +4.5% | $32,470 +1.5% |
| 2015 | $633 -1.3% | $31,983 +2% |
| 2014 | $642 | $31,357 +2.5% |
| 2012 | -- | $30,605 +2% |
| 2011 | -- | $30,006 +0.8% |
| 2010 | -- | $29,782 -0.2% |
| 2009 | -- | $29,854 +2% |
| 2008 | -- | $29,270 +2% |
| 2007 | -- | $28,697 +2% |
| 2006 | -- | $28,135 |
| 2005 | -- | $28,135 +4% |
| 2004 | -- | $27,044 +1.9% |
| 2003 | -- | $26,549 +2% |
| 2002 | -- | $26,029 +4% |
| 2000 | -- | $25,020 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 3/10Gerald A. Lawson Academy Of The Arts, Mathematics And ScienceGrades: K-6Distance: 0.3 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Augustus F. Hawkins High A Critical Design And GamingGrades: 9-12Distance: 0.3 mi
- $3,1993 bd2 ba1.2k sqft850 W Gage Ave #850, Los Angeles, CA 90044For Rent
- $--3 bd2 ba1.2k sqft850 W Gage Ave #852-1/2, Los Angeles, CA 90044Off Market
- $2,9993 bd2 ba1.2k sqft850 W Gage Ave #1/2, Los Angeles, CA 90044For Rent
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- $816,7002 bd1 ba-- sqft854 1/2 W Gage Ave, Los Angeles, CA 90044Off Market
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- $930,0002 bd2 ba1.2k sqft842 W Gage Ave, Los Angeles, CA 90044Sold
A local agent can set up tours, give advice and negotiate with sellers.
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