NOT LISTED FOR SALE

1077 N Gage Ave Los Angeles, CA 90063

Estimated Value: $705,000 - $801,000

3 Beds
2 Baths
1,264 Sq Ft
$587/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $660,000 $522 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,784/month

23 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Bathtub
  • James A. Garfield Senior High School Rated A
  • 2 Car Attached Garage
  • Patio

About This Home

As of December 2021

Welcome to City Terrace! This contemporary 3 bedrooms, two baths home, has laminate floors and a large two-car garage. Below the home is a studio with a bathroom and kitchenette. The home needs some TLC but lots of potentials. The studio has an approximately square footage of 250- 300 square feet. Buyer to do their own investigation on the square footage. This home is set in an unbeatable location in City Terrace, located close to schools Cal-State is 5 minutes away, parks, shopping, many local favorite restaurants and cafes, minutes to DTLA, Alhambra, Pasadena, and everything fun in NELA!. Property zoned LCR2. Come take a tour and see what possibilities await you. Bring your imagination!

Last Agent to Sell the Property

Yazmin Azabache

Berkshire Hathaway Home Services Crest Real Estate License #01379768 Listed on: 10/31/2021

Berkshire Hathaway Home Services Crest Real Estate

Last Buyer's Agent

Dennis Maynard

Dennis Maynard Broker License #01468881

Dennis Maynard Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,878

Year Built

  • Built in 1961

Lot Details

  • 4,338 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Property is zoned LCR2*

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Patio

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Legal Lot and Block 17 / 29
  • Tax Tract Number 5750
  • Assessor Parcel Number 5230012017
  • $694 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,878

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LCR2*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5230012017
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1264.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 522.15
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Other
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4338.00
  • Lot Size Acres: 0.0996

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4338.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 5308.01
  • Tax Lot: 17
  • Tax Tract Number: 5750
  • TaxOtherAnnualAssessmentAmount: 694.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Dec 5, 2021
Sold by
Marquez Javier and Brannon Lauri Jo
Bought by
Collins Christopher and Collins Arineh
Seller's Agent
Yazmin Azabache
Berkshire Hathaway Home Services Crest Real Estate
Buyer's Agent
Dennis Maynard
Dennis Maynard Broker
List Price
$799,000
Sold Price
$660,000
Premium/Discount to List
-$139,000
-17.4%
Current Estimated Value
$742,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,182
Avg. Annual Appreciation
3.25%
Original Mortgage
$627,000
Outstanding Balance
$578,891
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$163,291

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 27, 2018
Sold by
Ponce Rodolfo R and Ponce Estela
Bought by
Marquez Javier and Brannon Lauri Jo Frances
Seller's Agent
Rene Nario
Nario International Realty
Buyer's Agent
Janely Sandoval
Century 21 Allstars
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$471,306
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1999
Sold by
Ponce Rodolfo R and Ponce Estela D
Bought by
Ponce Rodolfo R and Ponce Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Collins Christopher $660,000 Bnt Title Company Of Ca
Marquez Javier $480,000 Old Republic Title
Ponce Rodolfo R -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Christopher $627,000
Previous Owner Marquez Javier $475,297
Previous Owner Marquez Javier $472,427
Previous Owner Marquez Javier $471,306
Previous Owner Ponce Rodolfo R $188,500
Previous Owner Ponce Rodolfo R $200,000
Previous Owner Ponce Rodolfo R $160,000
Previous Owner Ponce Rodolfo R $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $660,000 -8.2% $522 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/15/2021 11/15/21 Price Changed $719,000 -4.0% $569 / Sq Ft
11/09/2021 11/09/21 Price Changed $749,000 -6.3% $593 / Sq Ft
10/31/2021 10/31/21 For Sale $799,000 +66.5% $632 / Sq Ft
06/28/2018 06/28/18 Sold $480,000 0.0% $380 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $480,000 0.0% $380 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $480,000 -- $380 / 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 $8,878 $700,395 $556,602 $143,793
2024 $8,878 $686,663 $545,689 $140,974
2023 $8,723 $673,200 $534,990 $138,210
2022 $8,300 $660,000 $524,500 $135,500
2021 $6,472 $504,564 $344,996 $159,568
2019 $6,268 $489,600 $334,764 $154,836
2018 $1,518 $80,571 $22,269 $58,302
2016 $1,444 $77,444 $21,405 $56,039
2015 $1,423 $76,282 $21,084 $55,198
2014 $1,425 $74,788 $20,671 $54,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21237743

California Regional Multiple Listing Service (CRMLS)

APN: 5230-012-017