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$850,000 -$50,000 (-5.56%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 2 Total Beds
  • Updated 1 day ago
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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.

Full Property Details for 424 W Gage Ave

General

  • Price: $850,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25604721
  • Updated: 1/16/2026
  • Added to Site: 99 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Other Features: None

Parking

  • Garage Description: None

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: West of the 110 Freeway and South of Slauson Avenue

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 3
  • Stories/Levels: 1
  • Square Feet: 2,352
  • Sq. Ft. Source: Assessor
  • Year Built: 1923
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1

Unit 4

  • Total Bathrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1132
  • Lot Size: 4930
  • Lot Size Source: Assessor
  • Lot Dimensions: 40 x 123
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $361.39
  • Assessment Year: 1923

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 6004-040-002

Listed by Marcus & Millichap, Sean Rosenzweig

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Listing agent

— 424 W Gage Ave —

  • Sean Rosenzweig

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 424 W Gage Ave

School District:Los Angeles Unified School District
NameGradesDistance
Sixty-First Street Elementary School
6020 South Figueroa Street, Los Angeles, CA 90003
K-60.2 mi
Mary Mcleod Bethune Middle School
155 West 69th Street, Los Angeles, CA 90003
7-80.4 mi
Augustus F. Hawkins High A Critical Design And Gaming
825 West 60th Street, Los Angeles, CA 90044
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 424 W Gage Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$850,000
-5.56%
MLS
10/10/2025
Listed
$900,000
80%
MLS
8/30/2016
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 424 W Gage Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,803
3%
$580,288
4%
2023
$7,552
4%
$557,756
2%
2022
$7,234
1%
$546,820
2%
2021
$7,140
-1%
$536,099
1%
2020
$7,205
4%
$530,603
2%
2019
$6,946
1%
$520,200
2%
2018
$6,865
3%
$510,000
2%
2017
$6,685
4%
$500,000
4%
2016
$6,438
1%
$482,765
2%
2015
$6,352
-1%
$475,514
2%
2014
$6,411
—
$466,200
—
2013
$6,396
—
$464,094
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 424 W Gage Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Marcus & Millichap, Sean Rosenzweig

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424 W Gage Ave, Los Angeles, CA 90003 (MLS# 25604721) is a Multi-Family property with units containing 2 bedrooms and 0 full bathrooms. 424 W Gage Ave is currently listed for $850,000 and was received on October 10, 2025. Want to learn more about 424 W Gage Ave? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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