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.
Listed by Sean Rosenzweig
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License #01406343
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Marcus & Millichap
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213-943-1897
Last updated October 18, 2025
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Source: CRMLS #25604721
Listing Facts
TypeMulti-family
NeighborhoodVermont - Slauson
Bedrooms2
Days on Prevu13
Size2,352 sqft
Price per sqft$383
Location
Mortgage Calculator
Listing History
10/10/2025
Listed by Marcus & Millichap
$900,000
Property Details for 424 W Gage Avenue
Exterior
Construction
Number Of Units Total: 6
Stories: 1
Stories Total: 1
Year Built: 1923
Measurements
Building Area Total: 2,352
Lot Size Acres: 0.11
Lot Size Area: 4,930
Lot Size Dimensions: 40,123
Lot Size Source: Assessor
Lot Size Square Feet: 4,930
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.96
Gross Income: $117,228.00
Taxes
Parcel Number: 6004040002
Interior
Measurements
Living Area: 2,352
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 6
Bedrooms Total: 2
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
