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    112 N Gage Ave Los Angeles, CA 90063

    Sponsored
    For Sale
    $3,999,999

    Commercial Sale - Los Angeles, CA

    Property size:
    18,000 SF
    Days on Market:
    498
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 112 N Gage Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    5233008021
    Size
    18,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Architectural style
    Other

    Century 21 Experience (909) 373-4405 [email protected]

    Listing agent Christian Munoz (909) 373-4400 License #02138737

    Listing date Aug 26, 2024

    MLS# CV24177049 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Commercial Property For Sale

    Located in the heart of Los Angeles, this commercial property is situated on the corner of North Gage St. and Downey Rd. The property is currently occupied by two tenants: a meat market/grocery store and a private warehouse, with an additional bakery. The property includes a private parking lot to accommodate customer traffic. The lot size is over 18,000 square feet, offering the potential to add more revenue by converting the unit into two additional businesses, for a total of four businesses in one building. The market features private office space, two industrial-size stainless steel walk-in coolers (one with 10 doors of shelf space), an industrial-size freezer, restaurant-grade flooring, stainless steel 3-compartment sinks, two cutting tables, and two customer restrooms. The private parking lot offers 14 parking spots and dumpster space. The bakery contains an oven, restroom, food display case, grease trap, 2-compartment sink, and parking spaces for 4 vehicles. The building has been recently painted, and the roof is less than 15 years old. All refrigeration from walk-ins and the freezer is less than 3 years old. The electrical system has been updated to accommodate current and future business needs. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meatland Carniceria Butcher Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    La Blanquita, Metro One Market, Food Mart, El Super

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.1844261
    Latitude
    34.0363151

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    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial property in Los Angeles with immediate cash flow.
    Where is this grocery and convenience store located?
    The property is located at 112 N Gage Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,999,999.
    What are key features of this property?
    This property features: - Immediate cash flow from two existing tenants: meat market/grocery store and bakery.; - High-traffic location on the corner of North Gage St. and Downey Rd.; - Significant potential to increase revenue by adding two more businesses.
    (760) 220-0703
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    Los Angeles, CA 90063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 N Gage Ave Los Angeles, CA 90063
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