NOT LISTED FOR SALE

1118 N Gage Ave Los Angeles, CA 90063

Estimated Value: $692,000 - $719,000

2 Beds
1 Bath
1,115 Sq Ft
$638/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $560,000 $502 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,589/month

9 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • James A. Garfield Senior High School Rated A
  • Spanish Architecture
  • Breakfast Area or Nook

About This Home

As of February 2019

This is the project you've been waiting for! Sitting high above the street, this diamond in the rough is ready for your ideas. 1118 N Gage is a classic 1928 hillside property with many original details. Tall barrel ceiling in the living room, original casement style windows and arched doorways. Built in cabinetry in the breakfast nook and a vintage Gaffers & Sattler stove in the kitchen. The house is sited on a large street to street upslope lot, just ready for your landscape dreams to come to life - picture al fresco dining on your patio or create a terraced yard to take advantage of the fantastic views. Recent bathroom renovation and new roof in 2018 - property zoned LCR2. Bring your offers, this one won't last long!

Last Agent to Sell the Property

Alison Gilbert

Nourmand & Associates-HW License #01879624 Listed on: 01/16/2019

Last Buyer's Agent

Jimmy Mercado

NEXT Brokerage License #01385375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,948

Year Built

  • Built in 1928

Lot Details

  • 5,011 Sq Ft Lot
  • Property is zoned LCR2*

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,115 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Decorative Fireplace
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5230-002-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,948

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1115
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Linoleum, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 447.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 1 Car

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5230-002-004
  • Geocode Override: No
  • Lot Size Area: 5011

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jan 30, 2019
Sold by
Kellogg Carolyn
Bought by
Humber Nicholas and Cooling Rebecca
Seller's Agent
Alison Gilbert
Nourmand & Associates-HW
Buyer's Agent
Jimmy Mercado
NEXT Brokerage
List Price
$499,000
Sold Price
$560,000
Premium/Discount to List
$61,000
12.22%
Current Estimated Value
$720,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,727
Avg. Annual Appreciation
3.73%
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2014
Closed on
May 22, 2014
Sold by
Ramirez Rita
Bought by
Kellogg Carolyn
Seller's Agent
Pablo Arreloa
Equity Smart Real Estate Services
Buyer's Agent
Peter Tomlinson
Sotheby's International Realty
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$294,566
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2009
Sold by
Cmmi Llc
Bought by
Ramirez Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2009
Sold by
Ramirez Michael
Bought by
Ramirez Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2008
Sold by
Adams Daniel
Bought by
Cmmi Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Tovar Alfredo
Bought by
Adams Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 2004
Sold by
Fernandez Maricela
Bought by
Tovar Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2003
Sold by
Perez Alfredo Ybara
Bought by
Fernandez Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.22%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 2, 2000
Sold by
Perez Jose and Perez Amalia
Bought by
Perez Alferdo Ybara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,912
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Humber Nicholas $560,000 Old Republic Title Co
Kellogg Carolyn $300,000 Nations Title Company
Ramirez Rita $200,000 Fidelity National Title Co
Ramirez Rita -- Fidelity National Title Co
Cmmi Llc $244,549 Lsi Title Company Ca
Adams Daniel $405,000 Stewart Title Riverside
Tovar Alfredo $245,000 Lawyers Title
Fernandez Maricela $185,000 Stewart Title
Perez Alferdo Ybara $133,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humber Nicholas $373,500
Closed Humber Nicholas $375,000
Previous Owner Kellogg Carolyn $294,566
Previous Owner Ramirez Rita $196,377
Previous Owner Adams Daniel $81,000
Previous Owner Adams Daniel $324,000
Previous Owner Tovar Alfredo $196,000
Previous Owner Fernandez Maricela $148,000
Previous Owner Perez Alferdo Ybara $131,912
Closed Tovar Alfredo $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $560,000 +12.2% $502 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $499,000 +66.3% $448 / Sq Ft
07/09/2014 07/09/14 Sold $300,000 0.0% $269 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/16/2014 04/16/14 Off Market $300,000 -- --
04/14/2014 04/14/14 For Sale $285,000 -5.0% $256 / Sq Ft
04/07/2014 04/07/14 Off Market $300,000 -- --
03/28/2014 03/28/14 For Sale $285,000 -- $256 / Sq Ft
Source: The MLS

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 $7,948 $624,686 $374,812 $249,874
2024 $7,948 $612,438 $367,463 $244,975
2023 $7,809 $600,430 $360,258 $240,172
2022 $7,434 $588,658 $353,195 $235,463
2021 $7,349 $577,117 $346,270 $230,847
2019 $2,777 $323,214 $241,118 $82,096
2018 $4,367 $316,878 $236,391 $80,487
2016 $4,182 $304,574 $227,212 $77,362
2015 $4,118 $300,000 $223,800 $76,200
2014 $3,124 $210,594 $138,045 $72,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-424194

The MLS

APN: 5230-002-004