1065 N Gage Avenue
Los Angeles, CA, 90063
$499,000
MLS: 26837103
Beds
2
Baths
1
Sq Ft
898
Lot
0.14 ac
Year Built
1924
MLS #
26837103
Days on Market
23
Listed
May 21, 2026
Description
This investor special is a true fixer-upper with incredible upside potential, offering a rare opportunity for cash buyers or hard money investors looking to add value. The property is currently functioning as a two-bedroom, one-bathroom home located on a quiet street in a nice neighborhood with strong future upside. While the home needs work and is not financeable through traditional lending, it presents the perfect canvas for renovation, expansion, or redevelopment. One of the standout features is the BASEMENT area, which adds flexibility and potential for increased square footage and bed and bath count. Whether you are an investor looking to maximize rental income and resale value or a homeowner seeking a project with long-term equity potential, this property offers endless possibilities. Cash offers only or hard money financing due to the condition of the home.
Location
Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: Everardo Banuelos Robles · Realty ONE Group United
Payment estimate
$3,851
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,845
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90063 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90063 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.