424 W Gage Avenue, Los Angeles, California 90003

$850,000

Bedrooms

2

Bathrooms

6

Square Feet

2,352 sqft

City

Los Angeles

Status

Active

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.