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ActiveSingleFamilyResidence

1503 E Gage Avenue

Los Angeles, CA, 90001

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$599,999

MLS: 26648263

Beds

3

Baths

3

Sq Ft

1,412

Lot

0.05 ac

Year Built

2007

MLS #

26648263

Days on Market

118

Listed

May 18, 2026

Description

Opportunity! Welcome to this great 3-bedroom, 2.5-bath single family home situated on a desirable corner lot in the Florence-Graham. Built in 2007, this 1,412 sq ft residence features an open and functional floor plan with a bright area and an updated kitchen with stainless-steel appliances, perfect for everyday living and entertaining. The spacious primary suite offers a walk-in closet and private ensuite bath, while the additional bedrooms provide flexibility for guests, home office, or family needs. Enjoy private outdoor space with a patio and side yard, ideal for relaxing or entertaining plus the convenience of a two-car garage. Centrally located with easy access to local coffee shops, dining, and grocery stores, and just minutes from larger retail centers such as Plaza La Alameda. A great opportunity for first-time buyers or investors seeking modern comfort, functionality, and value in a growing South LA neighborhood. No HOA. Property qualifies for Community Advantage Loan Program (No Mortgage Insurance, Discounted Interest Rates in the 5's, 3% Down Payment). Also qualifies for Ladder Up program to receive $20k grant for Down Payment or Closing Costs.

Location

Los Angeles, Los Angeles County, CA 90001

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Listed by: Katrina Gibson-Bragg · KW Westside Estates

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$4,656

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $60,000 · Loan: $539,999

%

Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,506
Property tax (1.25%)
$625
Homeowners insurance
$300
Mortgage insurance
$225
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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 Sep 10, 2026

30-year fixed
6.76%
15-year fixed
6.09%

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 $21,000 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.

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Local Market Stats

See Los Angeles, CA 90001 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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.