410 E Gage Avenue
Los Angeles, CA, 90003
$485,000
MLS: RS25261832
Beds
2
Baths
1
Sq Ft
785
Lot
0.12 ac
Year Built
1911
MLS #
RS25261832
Days on Market
22
Listed
Nov 17, 2025
Description
BACK ON THE MARKET SUBJECT TO CANCELLATION OF CURRENT ESCROW...OPPORTUNITY KNOCKS!!! THIS UNIQUE SOUTH LOS ANGELES PROPERTY OFFERS TREMENDOUS UPSIDE. THIS HOME OFFERS SOLID POTENTIAL FOR THOSE LOOKING TO CREATE THEIR DREAM HOME OR INVESTMENT. THE EXISTING STRUCTURE FEATURES A PARTIALLY UPGRADED 1 BEDROOM WITH A BONUS ROOM (PER ASSESSORS 2 BEDROOMS), 1 BATH HOME, A GENEROUS SIZED LOT READY FOR EXPANSION OF THE EXISTING FOOTPRINT, OR THE ADDITION OF AN ADU TO INCREASE RENTAL VALUE. THIS PROPERTY IS PERFECT FOR FIRST TIME BUYERS OR SAVVY INVESTORS. IT'S STRUCTURE AND LAYOUT PROVIDES AN EXCELLENT FOUNDATION TO BUILD UPON.
Location
Los Angeles, Los Angeles County, CA 90003
Open on Google Maps ↗Listed by: Marlo Spears-Mimms · All City Realty
Payment estimate
$3,669
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,500 · Loan: $436,500
- Principal & Interest
- $2,682
- Property tax (1.25%)
- $505
- Homeowners insurance
- $300
- Mortgage insurance
- $182
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $16,975 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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