$1,500,000
SOLD MAY 15, 2025

1023 N Gage Ave Los Angeles, CA 90063

4 Beds
5 Baths
3,324 Sq Ft
4,526 Sq Ft Lot

Recently Sold

$451 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • New Construction
  • Custom Home
  • No HOA
  • James A. Garfield Senior High School Rated A
  • Quartz Countertops
  • Neighborhood Views

About This Home

As of May 2025

Stunning multi-generational Home, Brand New Construction in highly sought after City Terrace Hills! This property boasts a Tasteful Modern Design Home with 2,077 sqft of living area, attached 2 cars garage. Additional 1 Bedroom separate ADU and a Studio/Jr. ADU. Perfect for Primary Residence looking for supplemental income from ADU's, 1031 upleg exchange, Airbnb business. Modern concept kitchen with Large living room area, features a master bedroom with balcony access, bring out your favorite book or cocktail and relax. Custom exterior wrought iron work, exterior lighting. Steps to City Terrace Park where you can enjoy walking your dogs, Near USC Keck medical Center, Cal State LA University and all the great amenities NELA & DTLA, Glendale, Pasadena restaurants & shops near Golden State Fwys.

Last Agent to Sell the Property

Fabian Garcia

CENTURY 21 REALTY MASTERS Brokerage Phone: 323-997-1552 License #01004703 Listed on: 03/06/2025

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Yolanda Cortez

CENTURY 21 REALTY MASTERS License #01734210

CENTURY 21 REALTY MASTERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 4,526 Sq Ft Lot
  • Wrought Iron Fence
  • Property is zoned LCR2*

Parking

  • 2 Car Garage
  • Up Slope from Street

Home Design

  • Custom Home

Interior Spaces

  • 3,324 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Legal Lot and Block 13 / 28
  • Tax Tract Number 5750
  • Assessor Parcel Number 5230011014

Community Details

Overview

  • No Home Owners Association

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,425

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 775000
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: LCR2*
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5230011014
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Pantry, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: No
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 451.26
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 4526.00
  • Lot Size Acres: 0.1039

Multi Family

  • Lot Size Area: 4526.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 5308.01
  • Tax Lot: 13
  • Tax Tract Number: 5750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
May 13, 2025
Sold by
Ueg Investments Llc
Bought by
Bujanda Miguel Angel
Seller's Agent
Fabian Garcia
CENTURY 21 REALTY MASTERS
Buyer's Agent
Yolanda Cortez
CENTURY 21 REALTY MASTERS
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Total Days on Market
4
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.06%
Original Mortgage
$1,373,625
Outstanding Balance
$1,371,202
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
-$223,563

Purchase Details

Closed on
Feb 19, 2025
Sold by
Murrieta Miguel Angel
Bought by
Ueg Investments Llc

Purchase Details

Closed on
Feb 23, 2021
Sold by
Hills View Llc
Bought by
Murrieta Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2020
Sold by
Zhang Yugi
Bought by
Holls View Llc

Purchase Details

Closed on
Jul 16, 2018
Sold by
Tlc Investment Holding Inc
Bought by
Zhang Yuqi

Purchase Details

Closed on
May 5, 2014
Sold by
Iniguez Frank J and Iniguez Paula P
Bought by
Tlc Investment Holding Inc

Purchase Details

Closed on
Feb 14, 2003
Sold by
American Society Of Military History Inc
Bought by
Iniguez Frank J and Iniguez Paula P

Purchase Details

Closed on
May 4, 2000
Sold by
Charles Gumbiner Corp
Bought by
American Society Of Military History Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,500,000 Wfg National Title
Gift Deed -- Wfg National Title
Grant Deed $166,000 Wfg National Title Co Of Ca
Grant Deed $90,000 None Available
Grant Deed $66,000 First American Title Company
Grant Deed $52,000 Ticor Title
Corporate Deed $10,000 Commerce Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,373,625 FHA
Previous Owner $528,370 New Conventional
Previous Owner $612,748 Commercial
Previous Owner $85,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $1,500,000 -3.2% $451 / Sq Ft
03/13/2025 03/13/25 For Sale $1,550,000 +3.3% $466 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/08/2025 03/08/25 Off Market $1,500,000 -- --
03/06/2025 03/06/25 For Sale $1,550,000 -- $466 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,425 $179,683 $179,683 --
2024 $2,425 $176,160 $176,160 --
2023 $2,382 $172,706 $172,706 $0
2022 $2,268 $169,320 $169,320 $0
2021 $1,374 $90,932 $90,932 $0
2020 $1,115 $67,320 $67,320 $0
2019 $1,079 $66,000 $66,000 $0
2018 $901 $56,020 $56,020 $0
2017 $885 $54,922 $54,922 $0
2016 $871 $53,846 $53,846 $0
2015 $861 $53,038 $53,038 $0
2014 -- $11,809 $11,809 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25048737

California Regional Multiple Listing Service (CRMLS)

APN: 5230-011-014