424 West Gage Avenue
A 6-Unit Apartment Community Located in South LA
Marketing description
The SR Group of Marcus & Millichap, as the exclusive listing agent, 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.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Investment highlights
Dense Infill Location
Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment.
An Attractive GRM
Offered at an attractive 7.70 GRM
Walkable Amenities & Access
Walk Score of 79 (“Very Walkable”) - most errands can be accomplished on foot.
Well-Managed Asset
Professionally managed and attentively maintained, offering operational stability from day one.
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