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Property profile & analytics
FOR SALE
Retail space

112 N Gage Ave Los Angeles, CA 90063

6,390 SF 0.18 ac lot Built 1939
Trust Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8660525
Property summary
AI-generated overview

This exceptional 18-acre commercial property, located at 112 N Gage Avenue in Los Angeles, CA 90063, presents a unique investment opportunity. Priced at $3,999,999, this special purpose land boasts a highly desirable location at the corner of North Gage Avenue and Downey Road, ensuring excellent visibility and accessibility. The property currently generates immediate cash flow from two established tenants: a meat market/grocery store, a private warehouse, and a separate bakery. This diverse tenant mix provides a stable income stream and a built-in customer base. A significant advantage is the inclusion of a private parking lot, designed to maximize customer traffic and convenience. The property is zoned for commercial use and offers substantial potential for future development or expansion given its size and strategic location within Los Angeles County. This is a rare opportunity to acquire a large, income-producing commercial property in a prime location with significant upside potential. The property's address is easily accessible via major thoroughfares, making it an ideal location for a variety of commercial ventures. The existing infrastructure and established businesses provide a solid foundation for continued success and growth. This is a truly exceptional opportunity for investors seeking a high-return, stable investment in a thriving Los Angeles market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1939
Construction WOOD
Total area 6,390 SF
Lot 0.18 ac (7,728 SF)
Zoning code LCC3*
APN 5233-008-020
UPID US09-8660525
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Meatland Carniceria Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.31M
Owner & transaction history
Gutierrez,maria D Living Trust · 5 yrs held
Gutierrez,maria D Living Trust
since 2020
7 recorded transactions
2020
Price N/A
2014
Price N/A
2012
Price N/A
2011
Price N/A
2009
Price N/A
2006
Price N/A
1992
$750,000
Zoning & alternative use
LCC3* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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