1503-1641 East Gage Avenue

Los Angeles, CA 90001

14,000 Sq. Ft.
$304 / Sq. Ft.
Sq. Ft.
per Sq. Ft.


Not subject to Los Angeles Rent Control nor AB 1482 Rent control. This 2009 construction is all 3 bed 3 bathroom townhomes and is an ideal property for an investor looking for cash flow, with low repairs and maintenance and not tied to any current rent control laws. With units $200-$400 below market rents, this presents an opportunity for an investor to raise rents by modernizing the interiors. Ample parking and large sized units. Call for more information or detailed offering memorandum.

Property Details for 1503-1641 East Gage Avenue

Year Built Numeric

Property Details for 1503-1641 East Gage Avenue

MLS #20-647862
Days on Market54
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2007
Lot Size0.33 AC / 14,375 SF
CountyLos Angeles County

Listing Agent

Jonathan Weir

Marcus & Millichap


P: 424.405.3855

M: 707.225.2402

DRE #02038545

Contact Agent(s)


Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545

Building Information for 1503-1641 East Gage Avenue

Stories2Residences-Year Built2007Building Size-Lot Size0.33 AC / 14,375 SF

Payment Calculator

$14,243 per month

30 year fixed, 2.95% Interest

Principal and Interest


Property Taxes

HOA Dues


Similar Homes

Property Information for 1503-1641 East Gage Avenue

    Location and General Information
  • Directions: Compton Avenue & E Gage Avenue
  • Year Built Source: Assessor
  • Zip 4: 1723
  • City: Los Angeles
  • Zip Code: 90001
  • County Or Parish: Los Angeles
  • Street Number Numeric: 1503
  • Street Direction Prefix: E
  • Street Name: Gage
  • State: CA
  • Garage Spaces Total: 10
  • Parking Garage: Garage - 2 Car, Tandem
  • Total Parking: 20
    Property and Assessments
  • Assessor Parcel Number: 6008-046-001
  • Disclosures: None
  • Source Living Area: Assessor
  • Source Lot Size Area: Assessor
  • Number Of Photos: 4
    Lot Information
  • Listing Area: Downtown L.A. (C42)
  • Lot Acreage: 33.0
  • Other Structures: None
  • Service Level: Full Service
  • Living Area: 14000
  • Lot Size Area: 14375
Interior and Exterior Features
    Interior Features
  • Baths Total: 30.0
  • Cooling: None
  • Equipment: None
  • Heating: None
  • Number Of Stories: 2
  • Beds Total: 30
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Income: $0
  • Gross Operating Income: $266,070
  • Net Operating Income: $191,135.00
  • Total Annual Expense: 74935
    Unit Information
  • Type Of Units: SFR's
  • Unit Type Type: 2106
    Unit 1 Information
  • Unit Beds1: 3
  • Unit Baths1: 3
  • Unit Projected Rent1: $25,000.00
  • Unit Actual Rent1: $22,625.00
  • Unit Furnished1: No
  • Like Units1: 10
  • Unit Rent1: $2,263.00
    Rental Information
  • Vacancy Allow Percent: 2.00%
  • Vacancy Rate: 5430
  • Gross Rent Multiplier: $15.65
  • Actual Annual Gross Rent: $271,500.00
  • Number Of Buildings: 10
  • Number Of Units: 10

Property History for 1503-1641 E Gage Ave

DateEvent & SourcePriceAppreciation
Dec 9, 2020


CRMLS #20647862

Dec 8, 2020


CLAW #20-647862

Oct 16, 2020

Listed (Active)

CRMLS #20647862

DateEvent & SourcePrice


CRMLS #20647862



CLAW #20-647862


Listed (Active)

CRMLS #20647862


For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1503-1641 East Gage Avenue

Thomas A. Edison Middle SchoolPublic6-80.3 mi
Dr. Lawrence H. Moore Math, Science, Technology AcademyPublicK-50.3 mi
Alliance Kory Hunter MiddleCharter6-80.3 mi
Green Design At Diego Rivera Learning ComplexPublic9-120.5 mi

Thomas A. Edison Middle School

6-8, 0.3 mi, Public


Dr. Lawrence H. Moore Math, Science, Technology Academy

K-5, 0.3 mi, Public


Alliance Kory Hunter Middle

6-8, 0.3 mi, Charter


Green Design At Diego Rivera Learning Complex

9-12, 0.5 mi, Public


School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.